# Tokenomics
$KROM is a non-mintable ERC-20 token initially deployed on Ethereum, with a total supply of 100 million. Our token is secured by OpenZepellin and audited by MythX and CertiK.
## Fair Launched
$KROM is a fair launched protocol (now DAO). No seed sale, no private sale or VC's. 60m $KROM tokens were initially added on V3 Uniswap ETH L1 (main-net) and then the liquidity was burnt. The initial deployment expenses were paid by the former founders.
Initial liquidity breakdown:
Proof of liquidity (position) was burned for better security and to prevent rug pull hacks. You can find the transaction [**here**](https://etherscan.io/tx/0x26c782eb49c42979c259dda936f28b77ae8dbeef16da3ec341d06cb437034ac4):
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* Initial listing token price: 1 $KROM = 1 000 gwei = 0.000001 ETH
* $KROM has a total supply of 100,000,000 tokens.
* $KROM token is fully minted, which means the circulating supply is the total supply.
## Initial Distribution
## Current Distribution
Current Distribution reflected as December 2022
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