> For the complete documentation index, see [llms.txt](https://pandafarm.gitbook.io/pandafarm/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pandafarm.gitbook.io/pandafarm/asset-management/bamboo-tokenomics/distribution.md).

# Introduction

The maximum amount of PandaFarm Token (BBO) that will ever be created and be in circulation at any point in time is 100,000,000 (100 million) BBO. BBO tokens are Arbitrum tokens. The distribution of all the Tokens will be in several phases.