# Vulcan Token (VULCAN)
### Basic Information
* Token Name: Vulcan Token
* Token Symbol: VULCAN
* Contract Address: 0xd7F7827507c49235A2a6C13cE07BaC75ab183eA8
* Chain: Binance Smart Chain (BEP20)
* Max Supply: Unlimited (Deflationary)
### Transfer Tax
* Burn Rate: 1% of transfer tax will be burned immediately
* Automatic Liquidity Rate: 4% of transfer tax will be added to the LP pool and locked.
* Total Transfer Tax Rate: 5**% of every transfer involving $VULCAN**
### Emission Rate
* Initial Emission Rate: 0.8 $VULCAN/Block
* Reduction Rate: 12%
* Reduction Interval: Every 12 hours roughly 14,400 Blocks
* Final Emission Rate: Almost 0 $VULCAN/Block
### Why $VULCAN Has No Hard Cap?
$VULCAN does not have a hard cap. Under our sustainable tokenomics algorithm and auto emission reduction the emission of $VULCAN will eventually reach a negligible plateau, making it extremely valuable to hold $VULCAN as we introduce layer 2 of $VULCAN. \
\
TL;DR It wont have a hard cap but the emissions will be so small eventually that it will be close to a hardcap.
View our sustainable tokenomics algorithm [here](https://vulcanswap.gitbook.io/vulcanswap/tokenomics/sustainable-tokenomics).
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