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

# Tokenomics

Undestand how the $CHEQ token operates as a utility.

Tokenomics are typically documented and distributed via a dedicated whitepaper. However, since a large proportion of the tokenomics for cheqd directly relate to governance, our tokenomics will be a constant iteration, we incorporated them into the cheqd network’s documentation here, which will also be continuously updated.&#x20;

We can then continue using blogs to explain the initial and updated tokenomics in an easier to digest format.

<table data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><mark style="color:blue;"><strong>Tokenomics: Part 1</strong></mark></td><td>Learn about cheqd's genesis parameters for the network.</td><td><a href="/product/learning-docs/cheq/tokenomics/part-1.md">Tokenomics: Part 1</a></td></tr><tr><td><mark style="color:blue;"><strong>Tokenomics: Part 2</strong></mark></td><td>Learn about how $CHEQ was distributed, including vesting schedules.</td><td><a href="/product/learning-docs/cheq/tokenomics/part-2.md">Tokenomics: Part 2</a></td></tr><tr><td><mark style="color:blue;"><strong>Tokenomics: Part 3</strong></mark></td><td>Learn about how $CHEQ can be used to verify digital credentials.</td><td><a href="/product/learning-docs/cheq/tokenomics/part-3.md">Tokenomics: Part 3</a></td></tr><tr><td><mark style="color:blue;"><strong>Tokenomics: Part 4</strong></mark></td><td>Learn about the fees and burn mechanisms for identity writes.</td><td><a href="/product/learning-docs/cheq/tokenomics/part-4.md">Tokenomics: Part 4</a></td></tr><tr><td><mark style="color:blue;"><strong>Circulating supply explained</strong></mark></td><td>Learn about how cheqd's circulating supply figures are calculated.</td><td><a href="/product/learning-docs/cheq/tokenomics/circulating-supply.md">Circulating Supply Explained</a></td></tr><tr><td><mark style="color:blue;"><strong>Network parameters</strong></mark></td><td>Understand the technical parameters the comprise the network network and governance framework.</td><td><a href="/product/learning-docs/cheq/tokenomics/parameters.md">Network Parameters</a></td></tr></tbody></table>


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