# Overview

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**Our token is not live yet!** The official launch and public token sale won't happen until thorough product testing and incorporating community feedback. We believe in building first, then launching token, not the other way around. We'll announce the date of our public token sale on our official channels, so be sure to follow us!
{% endhint %}

We are designing a community-owned and deflationary token with a buyback & burn mechanism which will be the backbone of our ever-growing Ecosystem.

Name: ThanX Finance&#x20;

Token ticker: THANX&#x20;

Network: Arbitrum & zkSync

Total supply: 300.000.000 THANX&#x20;

Distribution mechanism: public sale through a custom fair launch model (no presale, no VCs)

Contract: TBD&#x20;


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