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

# Emission and Deflation

<figure><img src="/files/XpgWa1rz2KksFnwesMeE" alt=""><figcaption></figcaption></figure>

### **Token emission and deflation** <a href="#id-9502" id="id-9502"></a>

### **Emission:** <a href="#id-23be" id="id-23be"></a>

Distributed by the block, new SPACE will be issued when the farm rewards is harvested. The harvested SPACE will be converted automatically to xSPACE as the reward.

### **Deflation:** <a href="#id-0c3a" id="id-0c3a"></a>

* 10% of the emission of block belongs to DAO, locked and used by community governance.
* 50% of SPACE will be burned if the xSPACE is unbonded instantly.
* 90% of Space Bridge fee (transfer rate) will be burned and 10% will be allocated to NFT Bonus (70%) & DAO (30%) in the original chain.
* 1/3 of the swap fee is used to buy back SPACE, 50% is directly burned and 50% is used as platform fee (70% for NFT bonus and 30% for DAO locked).
* 90% of SPACE paid for minting NFT is directly burned and 10% is used as platform fee (70% for NFT bonus and 30% for DAO locked).
* 5% of the NFT marketplace trading volume is used as platform fee (70% for NFT bonus and 30% for DAO locked).
* 90% of the SPACE paid for creating spacebases or increasing the quota of members will be directly burned and 10% will be used as platform fee (70% for NFT bonus and 30% for DAO locked).
* For some single farm pools, if the rewards is harvested within 30 days, 50% of the rewards will be used as the platform fee (70% for NFT bonus and 30% for DAO locked).
* Using LP tokens to raise funds for the project in Starter, the raised SPACE tokens will be burned.<br>