# TARA Token

## What's TARA's total supply?

TARA's total supply figures are updated on [Taraxa's website](https://taraxa.io/token/).

The initial supply is 10 billion tokens, but as outlined in our [economics](https://taraxa.gitbook.io/taraxa-network/tech-whitepaper/economic-model), block rewards from staking and running consensus nodes will be inflated, at a maximum of 20% annualized yield.

## What's TARA's circulation?

TARA's circulation is updated on [Taraxa's website](https://taraxa.io/token/). 

## What's TARA's unlock schedule?

You can find details about TARA's token allocation, unlock schedules at the [Taraxa Token Information](http://token.taraxa.io) page.

## What function does the TARA token serve in the ecosystem?

TARA tokens are used for 3 things,

* **Gas fees**: used to pay for transaction processing
* **Staking**: used to secure the network against Sybil attacks, staking will have a maximum 20% total annualized yield, rewarded in the form of inflated tokens in block rewards.
* **Voting**: used to vote on changes to the network.

Here are more details around the [economics](https://taraxa.gitbook.io/taraxa-network/tech-whitepaper/economic-model) and the [governance ](https://taraxa.gitbook.io/taraxa-network/tech-whitepaper/governance)of the Taraxa ecosystem.

## How will staking work?

Read all about it at the [staking ](https://taraxa.gitbook.io/taraxa-network/staking)section.

## What’s Taraxa’s governance model?

You can read more about the Foundation's proposed [governance model](https://taraxa.gitbook.io/taraxa-network/tech-whitepaper/governance#7-governance) here in our whitepaper. After mainnet deployment, the core team will work hard to build in governance mechanisms directly into the code to prepare for truly decentralized and community-driven decision-making process.

## How and when can I claim my rewards?

You may claim your rewards at Taraxa's [claim site](https://claim.taraxa.io). Please note that, in order to be eligible to claim rewards in the form of tokens, you must pass our KYC process on the [community site](https://community.taraxa.io).

## Does Taraxa currently have active bounties?

The Taraxa Foundation is always coming up with new ways to actively engage the community at large, check out current bounties here at the [community site](https://community.taraxa.io).