> For the complete documentation index, see [llms.txt](https://elephanteth.gitbook.io/elephant.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://elephanteth.gitbook.io/elephant.money/token-holder-distribution.md).

# Token Holder Distribution

Elephant Money has tight supply controls limiting the effectiveness of whale holders selling and negatively impacting price.

#### Holder Distribution Breakdown <a href="#holder-distribution-breakdown" id="holder-distribution-breakdown"></a>

4 protocol owned smart contracts control 80% of the supply, with the largest non-contract holder owning less 1% of the total supply.

<img src="https://3710659906-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FcUY7fvbkMLxJxjiAEIyT%2Fuploads%2FRMFho4rqeDhr0ktWwCjF%2FPCS%20Taxes%20Flow%20Chart%20(5).png?alt=media&#x26;token=49abdc59-8ac2-462b-861e-fcfb1c66026a" alt="" width="100%">

[Price Stability Formula -PreviousELEPHANT Token Supply Management System (Growth)](broken://pages/wnd9StykosZlfS5pqxKy)[Next- Price Stability FormulaCirculating Supply](broken://pages/jYctECbJcLHORO7bzQHs)

Last modified 6mo ago