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

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="/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="/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="/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="/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="/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="/cheq/tokenomics/parameters.md">Network Parameters</a></td></tr></tbody></table>