# Tokenomics

## General

$SHIELD is an ERC-20 token that was launched on the Ethereum Blockchain on 04-12-2024. $SHIELD is the associated token for ShieldNode and will be integrated into ShieldNode features and products as a means of accessibility for select features.

## Distribution

<table data-full-width="false"><thead><tr><th>ShieldNode</th><th>$SHIELD</th><th data-hidden></th></tr></thead><tbody><tr><td>Total Supply</td><td>10,000,000</td><td></td></tr><tr><td>Liquidity ($SHIELD)</td><td>10,000,000</td><td></td></tr><tr><td>Liquidity ($ETH)</td><td>1</td><td></td></tr><tr><td>Initial Liquidity</td><td>$8,200</td><td></td></tr><tr><td>Initial Price</td><td>$0.00082</td><td></td></tr></tbody></table>

## Operation

$SHIELD will operate with a Buy 5% / Sell 5% tax rate on transactions. There is no tax on transfers. Tax will be used to fund marketing, development, and maintenance of the ShieldNode systems. Collected funds will also be set aside for purchasing of Ethereum Validators in order to host faster and better relays for use of select $SHIELD holders.
