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

# Token Distribution

The entire supply of AXEL tokens is minted with PLS within the first 14 days, with no additional tokens created afterward. This makes AXEL deflationary quickly.

AXEL will use PLS as entry to deposit in the auction.

**PLS Distribution:**

* 62%[ Buy/Burn/Feed](/buy-and-support-and-burn-and-feed.md)
* 25% goes to [Payouts Pool](/axel-staking-payouts.md) for AXEL stakers
* 7% Genesis (marketing, promotion, team reward)
* 6% goes to buy XBURN off the market and boost [XBURN Vault](https://docs.xburn.win/about/publish-your-docs/perpetual-daily-auctions)

**AXEL Token Distribution:**

* **Max Supply:** 1.8 billion tokens (exactly 1,805,000,000)
* **Liquidity Wallet:** 200 million tokens (to be paired with WPLS and other main PulseChain coincs, but also XBURN/pVOLT)
* **Starting Liquidity:** 5 million tokens paired with AXEL/WPLS LP.
* **Vault:** 200 millions tokens initially minted to ["AXEL Vault"](/axel-vault.md)&#x20;
* **Stage 1 (Days 1-14):** 100,000,000 AXEL tokens auctioned daily.
* **Stage 2 (Day 15 onward):** All auctioned AXEL tokens come from ["AXEL Vault"](/axel-vault.md)


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