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

# Tokenomics

In the Tokenomics section, we will delve into the details of Ninja Squad Token ($NST), exploring its distribution, utility, and economic model. We'll discuss the total token supply, token distribution mechanisms, token burning mechanisms, and the current supply status. Additionally, we'll analyze the role of $NST within the Ninja Traders ecosystem and its significance in driving community engagement and network growth.