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

# Economy

* **Token Burning:**
  * A percentage of the fees generated within the ecosystem will be used to reduce and burn $UCM or $IDEAX tokens periodically, reducing the token supply and potentially increasing the value of remaining tokens.
  * Token burning creates scarcity and ensures a deflationary model, aligning the interests of token holders.
* **Token Vesting:**
  * Vesting periods for all $UCM holders have now been completed. It is important to note that the founders and management team have kept the majority of their tokens which is why there is only <60,000,000 in circulation (100,000,000 total supply).
  * We will create several public wallets to show the current status of $UCM, $IDEAX and IDEAX NFTs for transparency purposes to the community.
* **Ecosystem Fees:**
  * Certain services and transactions within the IDEAX ecosystem may incur fees, which will be currently collected in $UCM tokens. In the future and per the [Utility](/lite-tokenomics/utility.md)section; we will also leverage $IDEAX and IDEAX NFTs to collect platform fees.
  * These fees contribute to the reserve fund, community initiatives, and token reduction programs.
  * Ecosystem fees are set at reasonable levels to ensure accessibility while sustaining the long-term viability of the ecosystem.
* **Liquidity**
  * We recognise that liquidity is an important part of the cryptocurrency and digital ecosystem for any token that listed on an exchange.
  * As such we will endeavour to provide liquidity initially on a 'As Needed' basis especially through the new acquisition with IDEAX.&#x20;
  * Moving forwards acquisition we will engage and work with market influencers, agencies and other third-parties who can help support the IDEAX ecosystem.