# KUJI Token ### Total Supply The KUJI token is the native token on the Kujira Network. It has a total supply of 122,398,190.844391 (122.4 million) tokens. The original supply of 150 million tokens was reduced through a governance vote on January 18, 2022, which resulted in the burning of liquidity pool rewards. ***KUJI is a fully circulating token**.* ### Utility The KUJI token serves several important functions on the Kujira Network. It is used to pay network fees and dApp fees, and all fees collected are distributed to KUJI stakers. ### Release Schedule The KUJI token was released through a token generation event in November 2021, with a specific release schedule as follows: ``` Private Sale 27.975M 12 month vesting Public Sale 21M 6 month vesting Liquidty 6M Advisors 7.5M 12 month vesting Team 27M 24 month vesting Operational 11.025M 24 month vesting Marketing 6M 24 month vesting Airdrops 500K * adjusted after burn Treasury 6.75M 24 month vesting Rewards 8.648M * adjusted after burn ``` **The release schedule concluded on November 9, 2023 at 12pm UTC, when all tokens fully vested**. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.kujira.app/tokenomics/kuji-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.