> For the complete documentation index, see [llms.txt](https://surf-2.gitbook.io/surfliquid-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://surf-2.gitbook.io/surfliquid-docs/usdsurf-token/token-genesis-and-supply-mechanics.md).

# Token Genesis and Supply Mechanics

$SURF is the native token of the Surf ecosystem. It underpins the economic layer of Surf’s AI-run on-chain savings infrastructure, aligning users, liquidity, and long-term protocol growth around a transparent, fixed-supply asset.

From day one, the goal was to launch $SURF in a way that matched the philosophy of the product itself: non-custodial, rule-based, and community-first, with no opaque allocations or off-chain distribution.

This section explains how $SURF was created, how supply is structured, how it entered circulation, and how long-term scarcity and sustainability are enforced at the protocol level.

{% code title="$SURF Contract Address (Base)" fullWidth="false" %}

```apache
0xcDca2EaAe4a8a6B83D7a3589946C2301040dAFbf
```

{% endcode %}

{% code title="$SURF Basescan Profile " fullWidth="false" %}

```
https://basescan.org/token/0xcdca2eaae4a8a6b83d7a3589946c2301040dafbf
```

{% endcode %}

{% code title="$SURF Public Token Profile" fullWidth="false" %}

```
https://surfliquid.com/token
```

{% endcode %}

***

### Why $SURF launched on Creator.Bid

$SURF was launched in a community-first, fully on-chain and transparent manner. We chose [Creator.Bid](https://creator.bid) because the entire launch process is verifiable by design: **pricing, participation, liquidity seeding, and the transition to open market trading are all visible and immutable on-chain.**

#### Launch snapshot

On Creator.Bid, the curated sale was heavily oversubscribed, validating demand without private rounds or opaque allocations.

* Launch date: 1 Aug 2025, 8:00 PM
* Participants: 758
* Oversubscription: 867.7%
* ETH pledged: 115.7 ETH
* Target ETH for launch liquidity: 13.333 ETH
* FDV at launch: $107,049.95
* Paired asset: ETH

{% code title="Creator.Bid profile:" %}

```
https://creator.bid/agents/6880f8485618df6ad25135da
```

{% endcode %}

***

### Chain, trading, and liquidity

$SURF is deployed on Base as an ERC-20 token and is primarily tradable on Uniswap. The initial public liquidity was seeded through the Creator.Bid launch and then transitioned to open market trading.

* Network: Base
* Primary venue: Uniswap
* Trading pair: SURF / ETH
* Liquidity: Permanently locked

{% code title="Trade $SURF on Uniswap:" %}

```
https://app.uniswap.org/explore/tokens/base/0xcdca2eaae4a8a6b83d7a3589946c2301040dafbf
```

{% endcode %}

***

### Fixed supply and minting

$SURF follows a hard-cap supply model.

* Total supply: 21,000,000
* Minted once at genesis
* No inflation
* No rebasing
* No future mint function

Supply expansion is not used as a growth lever. Any future deflation will occur only via buybacks and burns from treasury surplus.

{% code title="$SURF on Coingecko:" %}

```
https://www.coingecko.com/en/coins/surf-2
```

{% endcode %}

{% code title="$SURF DEX Screener Profile:" %}

```
https://dexscreener.com/base/0xb40440de005c6fa2d150b87715f961a795cf3287
```

{% endcode %}

***

### Allocation and circulation

Genesis allocation was structured across four buckets:

* Community: 20%
* Team: 30%
* Curated public sale: 37.5%
* DEX liquidity: 12.5%

DEX Liquidity is permanently locked. All tokens are currently unlocked.

Team and early contributor allocations are designed for long-term alignment and will be distributed gradually in line with protocol maturity and governance processes.

***

### **Emissions and Unlock Design**

$SURF emissions follow a controlled, declining schedule designed to:

* Incentivise early participation and liquidity
* Reward long-term behaviour over short-term farming
* Support vault usage, vault growth, and network effects
* Transition over time from inflation-led to fee-backed value accrual

Unlocks are structured with:

* Transparent cliff and vesting periods
* On-chain enforceable schedules
* Public visibility into future circulating supply

This ensures predictable supply dynamics for users, partners, and long-term capital allocators.

***

### **Economic Philosophy**

$SURF is not designed as a speculative governance wrapper. It is designed as a coordination and value-accrual asset for an execution network that:

* Routes real capital
* Enforces deterministic risk controls
* Generates on-chain fee flows
* Compounds usage through automation and scale

Supply mechanics are therefore built around:

* Long-term alignment over short-term velocity
* Utility-driven demand rather than narrative cycles
* Transparent issuance and predictable monetary policy

***

### Secondary market fee routing

A **3% fee is applied to sell transactions** (and applicable buys during the bonding curve) via Creator.Bid’s agent infrastructure. This fee is automatically routed on-chain and split as follows:

* **2% to the Surf Treasury** (Safe smart wallet)

  Used to fund ongoing operations and development, including product build, security work, infrastructure costs, and day-to-day execution.
* **1% to Creator.Bid protocol revenue**

  Used for Creator.Bid’s sustainability and continued platform operations.

This fee flow is designed to be protocol-native and non-dilutive, creating an ongoing revenue stream that supports long-term product development, infrastructure, and execution without relying purely on new token issuance.

The next section, Utilities and Tokenomics, explains how $SURF accrues value from protocol activity, how fees flow into the treasury, how buy-backs and rewards operate, and how the long-term economic flywheel is designed.