> For the complete documentation index, see [llms.txt](https://docs.artis.eco/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.artis.eco/artis-2.0-whitepaper/tokenomics.md).

# Tokenomics

The ATS is the token needed to secure the ARTIS ∑2 blockchain, will have applications in various staking protocols and is needed to mint EUR-Stablecoins in Phase 3 (Stable).

### ATS Token Supply

**Total Token Supply:** 300m ATS (capped)\
Phase 3: Start to become deflationary, due to burn when minting EUR-Stablecoin\
**Initial Circulating Supply:** 90m ATS\
ARTIS DAO: 60m ATS for Phase 1 (Growth)

![ATS Token Supply over Time](/files/-MUKsvxS2mKvUXZn3v6P)

### ATS Token Use Cases

* Phase 1: 
  * Staking (POSDAO: validators, candidates and delegators)
  * Liquidity provider (Honeyswap DEX)
  * Farming and staking on xDai Chain DeFi protocols
  * Staking in bonding curve for gATS (ARTIS DAO governance token)
* Phase 2: 
  * everything from Phase 1 and,
  * Liquidity provider (Ethereum DEXs & BSC DEXs),
  * Borrowing & lending protocol integration,
  * Farming and staking on Ethereum DeFi protocols,
  * Data market token curation and staking
* Phase 3: 
  * everything from Phase 2 and,
  * Borrowing & lending protocol on ARTIS ∑2,
  * Collateral for EUR-Stablecoin

### ATS Token Distribution

In Phase 1 (Growth), about 50% of the total ATS token supply will be either available or under the management of the ARTIS DAO. 

In Phase 2 (Mature), additional 20% of the total ATS token supply will be under the management of the ARTIS DAO.

In Phase 3 (Stable), additional 20% of the total ATS token supply will be made available for the ARTIS DAO.

In Phase 4 (Value), the last 10% of the total ATS token supply will be made available for the ARTIS DAO. 

![ARTIS DAO: 30% of total token supply | Current ATS holders: 20% of total token supply ](/files/-MUL6kQQrx0y1hN7sjW0)