> For the complete documentation index, see [llms.txt](https://docs.lotusnetwork.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lotusnetwork.net/v2-documentation/ecosystem/pyrabit-labs/lts-token.md).

# LTS TOKEN

The LTS token is the main fuel of the Lotus ecosystem.

Token has two main phases to go through.

### Phase one: the hyperdeflation (LTS token)

In the current phase of the BNB chain, the main target of that phase is to decrease LTS token total supply through taxes, LTS services, and buybacks before launching the LTS chain.

The total supply of LTS tokens at the end of phase one will be the total supply of Lotus coins on the LTS chain.

### Phase two: Lotus Coin

* Native LTS chain coin.
* No taxes.


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