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

# Tokenomics

SwapBased has two token systems:

* [xBASE](/dex-related/xbase.md)+BASE - [SwapBased's store of value and revenue-sharing focused tokens](/yields/tokenomics/base-+-xbase.md);
* [oCOIN](/dex-related/ocoin.md)+COIN - [SwapBased's Incentives Mechanism](/yields/tokenomics/coin-+-ocoin.md)

**The new Incentives Mechanism brings an end to $BASE inflation, making it the OG Base DEX store-of-value,** that aims to be both sustainable and rewarding to $BASE long term holders.

On top of the emissions, **SwapBased also shares the revenue** from most places:

* **83.3%** of generated fees in **v2 go to Liquidity Providers**;
* **75%** of generated fees in **v3 go to Liquidity Providers**;
* **60%** of generated fees in oCOIN instant exit are used to:
  * Buyback\&Burn of $BASE;
  * $xBASE Staking Rewards to earn $ETH;
  * Buybacks of $COIN;
  * Adding liquidity to $COIN.