# Tokenomics

## The $MCV tokens are deflationary.

There will never be 1.2 Billion in circulation, mainly due to the burning mechanism built into most of our contracts. Additionally, one billion+ token can only be minted by the vehicles from the current and future collections. &#x20;

This means that owners of these vehicles must actively upgrade them for the vehicles to earn more $MCV tokens which in turn burns 60% of the tokens used to upgrade.&#x20;

For example, if you own one Muscle Car, you only earn 1 $MCV token daily, this is the base for all primary NFTs.  In order to earn more $MCV per day you have to upgrade your team or parts. Each upgrade increases your speed with a max of up to 34 $MCV for Muscle Cars and 30 for Super Cars.

Every time you upgrade, the total $MCV tokens needed to upgrade increases, 60% of which are always burned; 20% is reflected in holders of that collection, and 20% is sent to the treasury for future development.&#x20;

There are 20,000 NFTs between both collections, and every single time any one of them gets upgraded, 60% of those tokens are burned forever.&#x20;

Additionally, 90% of the $MCV tokens used to buy toolboxes from the Speedshop are burned, with 10% sent to the treasury.

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