# Economics

Understand **how value flows**: supply, fee splits, market cap math, and how **Uniswap V3** sets price.

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**Supply & allocation**

* **Fixed supply:** every clip token = **1,000,000,000** units.
* **Creator allocation:** **0–50%** can be assigned to the verified creator at creation.
* **Circulating vs. total:** UI market cap uses **price × circulating supply**; circulating can differ from total depending on allocations and holdings.

**Fees & revenue share**

* **Platform fee:** **1%** on each buy/sell.
* **Referrer share:** **20% of the fee** → effective **0.2% of referred volume** (eligible trades).
* **Creator share:** **5% of fees** on their tokenized clips.
* **Claims:** both referral and creator shares **accrue on‑chain** and are **claimable** in app.

**Price discovery (Uniswap V3)**

* **Concentrated liquidity:** LPs choose **price ranges**; trades execute against active ranges.
* **Implications:** price can move quickly through thin ranges; **slippage** depends on depth near the trade price.
* **For traders:** check the **Token page** for recent trades and depth signals; consider using modest slippage.
* **For LPs (optional):** range selection controls exposure; be aware of **impermanent loss** and range out‑of‑bounds risk.

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#### **What's next?**

→ Explore **Using Clipcoin → For Trader / For Creator** for playbooks, or head back to **Feature tour** to master the app surfaces.

{% content-ref url="../using-clipcoin" %}
[using-clipcoin](https://docs.clipcoin.fun/using-clipcoin)
{% endcontent-ref %}

{% columns %}
{% column %}
{% content-ref url="../using-clipcoin/for-traders" %}
[for-traders](https://docs.clipcoin.fun/using-clipcoin/for-traders)
{% endcontent-ref %}
{% endcolumn %}

{% column %}
{% content-ref url="../using-clipcoin/for-creators" %}
[for-creators](https://docs.clipcoin.fun/using-clipcoin/for-creators)
{% endcontent-ref %}
{% endcolumn %}
{% endcolumns %}

{% content-ref url="feature-tour" %}
[feature-tour](https://docs.clipcoin.fun/mechanics/feature-tour)
{% endcontent-ref %}