> For the complete documentation index, see [llms.txt](https://docs.aperture.finance/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aperture.finance/docs/usdaptr-token/tokenomics.md).

# Tokenomics

$APTR is the platform's governance and utility token. The token will launch on 5/31/2024 at 3AM PDT. The initial circulating supply will be 9.09%.

<figure><img src="https://1625763057-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FxgY3fQZ4YZGgisqsPOVx%2Fuploads%2F2hHId813YxY13vOiq0HA%2FAperture%20Token%20Distribution.png?alt=media&amp;token=29d8a098-0935-4671-a4d0-9d769d27c035" alt=""><figcaption></figcaption></figure>

<figure><img src="https://1625763057-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FxgY3fQZ4YZGgisqsPOVx%2Fuploads%2FrzzLEbOtcOdniMeu29h6%2FAperture%20Token%20Vesting.png?alt=media&amp;token=d914cdd9-9ccb-4214-85c9-11bde7735988" alt=""><figcaption></figcaption></figure>