> For the complete documentation index, see [llms.txt](https://eos-sov.gitbook.io/eos-sov-en/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://eos-sov.gitbook.io/eos-sov-en/sov/1.-introduction-to-sov/how-does-it-work.md).

# How does it work?

How does SOV work?

Every time SOV is transferred, a percentage of the transfer amount is burned. This is done at a variable rate that adjusts according to SOV's total supply. There will also be a weekly burn of unclaimed SOV tokens. The initial supply is 1 Billion and the burn rate will start at 0.05%. Over 21 stages it will increase to a peak of 1.25% before decreasing to 0%. At that time, there will only be 21 million tokens remaining and transactions will be free.