# Mint & Burn Functions

As SPIN token's total supply is hard capped at **1.000.000.000**, Spintop ecosystem will require token burn for minting new ones. Minted tokens will only be allocated to liquidty pools after 3 years to ensure liquidity provision will be incentivized.

:fire: *Spintop will burn according to the following mechanisms:*

**100%** of SPIN paid for Profile Creation

**100%** of SPIN paid for Guild Creation 

**0.08%** of every trade made on Spintop Exchange

**1%** of every yield generated by Guilds

**0.5%** of every trade made on the NFT Marketplace