# Emission

The Emission of $VAN is **smooth** and is expected to last **5 years** until its Max Supply is reached. The circulating supply at TGE (initial liquidity excluded) is 8,700,000 $VAN, which accounts for **8.7%** of the Max Supply.

![](https://225992099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1IuWq6H4GPoTXh4fFQ0v%2Fuploads%2FuavFhqkuboR7Q3F4H94F%2FEmission.jpg?alt=media\&token=820d9b35-b9f5-4477-a985-16a419fbad4d)

{% hint style="info" %}
Note: the burning mechanism of $VAN is not reflected in the emission schedule chart. The actual circulating supply will be **diminishing** and the max supply will be lower.
{% endhint %}

The detailed emission statistics (expected) are shown in the below table

![](https://225992099-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F1IuWq6H4GPoTXh4fFQ0v%2Fuploads%2FlvwTiVOGprYDDMQPHM4A%2Fimage.png?alt=media\&token=792c4ea2-057d-4950-8c72-ee81da9584b9)