# The PAN Token **Name:** The Pantheon Token **Ticker:** PAN **Chain:** Arbitrum **Max Supply:** 100,000,000 PAN **Contract:** N/A PAN is the native governance token for The Pantheon. There will be a finite, limited supply of 100,000,000 PAN tokens to ever circulate. The central use case for PAN is the ability to lock PAN as its own staked position NFT, creating an spNFT, utilizing a veNFT model. At the core of The Pantheon lay PAN, a unique token used for both accessing organization governance and gaining exposure to The Pantheon’s membership model. We believe that PAN represents a new type of asset, one that both empowers and controls. With The Pantheon, the ultimate goal is to align the incentives across the entire vision, creating a decentralized ethical marketplace that focuses on transparency and trust. Essentially, PAN is the native governance token for the entire organization, providing access to voting on standards, implementations, business on-boarding and off-boarding processes, etc. **Deflationary Mechanisms:** In addition to the hardcap set on PAN, we also implemented some deflationary mechanisms in order to reduce the total supply and to provide utility when transacting with PAN. Transaction Tax - 2% Tax on withdrawing PAN from vePAN contract * 1% Burn * 1% Added to Treasury for LP ### Risks Even though The Pantheon will be undergoing multiple audits, caution should be exercised when interacting with any smart contract or blockchain application. While risks are attempted to be mitigated via testing, audits and bug bounties, there is always a risk of vulnerabilities in smart contract code. For further information regarding The Pantheon smart contracts, please read the Contracts section. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://the-pantheon.gitbook.io/the-pantheons-official-documentation/project-overview/the-pan-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.