> For the complete documentation index, see [llms.txt](https://haip.gitbook.io/white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://haip.gitbook.io/white-paper/tokenomics-how-it-grows-in-value/mint-and-burn.md).

# MINT and BURN

* The initial token supply is 150,000,000 tokens.
* Over 4 years, an estimated 1,162,497,741 tokens will be burned.
* Over the same period, 1,320,833,334 tokens will be minted.
* On average, 290,624,435.25 tokens will be burned per year.
* On average, 330,208,333.5 tokens will be minted per year.
* The final circulating supply at the end of 4 years will be 278,347,378 tokens.

  <figure><img src="https://3615627753-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FDsuGFq2ikb10vPX5eMxJ%2Fuploads%2FU1One2tfnf8907zM3XP5%2FScreenshot%202024-05-20%20at%2013.50.08.png?alt=media&amp;token=4db7e772-9610-4ccd-9bb0-d1f0cb6efd8e" alt=""><figcaption></figcaption></figure>

.