> For the complete documentation index, see [llms.txt](https://wapswapfinance.gitbook.io/wapswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wapswapfinance.gitbook.io/wapswap/tokenomics.md).
# Tokenomics
## **Emission rate**
### **Per block**
| **Metric** | **Emission/block (WAP)** | **Emission/day (WAP)** |
| ------------------------------ | -----------------------: | ---------------------: |
| Emission | 0.16 | 4,608.00 |
| Burned (Inactive Lottery Fund) | 0.008 | -230.40 |
| **Effective Emission** | **<0.152\*** | **4,377.60\*** |
\*Effective Emission is 0.152 WAP as 230.40 WAP per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).
## Distribution
| Distributed to | Reward/block (% of emission) | Reward/block (total WAP) | Reward/day |
| ---------------------------- | ---------------------------: | -----------------------: | --------------------: |
| Farms | 60% | 0.0912 | 2,626.56 (approx) |
| Staking Pools | 40% | 0.0608 | 1,751.04 (approx) |
| **Total Daily WAP Emission** | | | **4,377.60 (approx)** |
## **Other Deflationary Mechanics**
At present, WAP is also burned in the following ways:
* **0.05%** of every trade made on WapSwap.
* **0.5%** of every cross chain swap transaction made on WapSwap.
* **100%** of farming and staking pool rewards if unstake, harvest or compound is done before 168 hours (7 days) after staking.
* **50%** emissions will be reduced every 4 years until it reaches max supply.
* **230.40** WAP per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).
The burning process is currently manual.