> For the complete documentation index, see [llms.txt](https://uwerx.gitbook.io/uwerx-information/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://uwerx.gitbook.io/uwerx-information/4-tokenomics/of-the-werx-token.md).

# Of the WERX token

The WERX token is a layer-two ERC20 token created on the leading layer-two blockchain, the Polygon network.

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Once the WERX token is deployed on QuickSwap, the following taxes will apply:

* Buy Taxes:
  * 0%<br>
* Sell Taxes:
  * 30%
    * This will decrease 3% per week for a total period of 10 weeks. The final sell tax will be 0%.