# $BARRELS Tokenomic

<figure><img src="https://687202292-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2Suu8ZTA6Ko6FZMyweRB%2Fuploads%2F17wJq1U4PjLZD8GD7gye%2Fbarrel.png?alt=media&#x26;token=83c32f2e-f7e4-4e92-b51a-a490b77bf7ff" alt="" width="331"><figcaption></figcaption></figure>

#### BARRELS Token Overview

**General Information:**

* **Utility Token:** $BARRELS serves as the in-game utility token for the FLAG game.
* **Production Site:** Produced exclusively in the TAVERN building.
* **Conversion:** Each $BARRELS can be converted into 100 Bottles of Rum, used for various game functions.
* **No Initial Sale:** There will be no presale, Initial DEX Offering (IDO), Initial Coin Offering (ICO), or similar launch events.
* **Allocation:** No allocations for marketing, advisors, or the team.

**Emission Details:**

* **Daily Emission Rate:** 20 Barrels at Launch
* **Regulation Mechanism:** The total daily emission is controlled by a halving mechanism:

  * **Halving Trigger:** A halving in production occurs each time the total circulating supply of $BARRELS exceeds 1,000,000.
  * **Cancellation of Halving:** If the circulating supply falls below 1,000,000, the halving is automatically cancelled, reverting to the previous emission rate.<br>

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  \*this is the base but few changes could occur before mainnet launch.&#x20;