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

# $ARKI TOKEN

## WHAT IS TOKEN?

{% hint style="info" %}
A Token is a denomination of cryptocurrency representing a tradable asset or utility that resides on its own blockchain, and allows the holder to use it for investment or economic purposes.
{% endhint %}

## $ARKI TOKEN

is a **Utility token** with many purposes:

1. For purchasing **3D Physical Art Piece** created from within the **ARKIPELAGO Metaverse**
2. **Metaverse currency** - We are building our own **marketplace** for ARKIPELAGO and it might offer many ways to **utilize ARKI tokens**, from **staking boosters** to **mine** for **raw materials** which can then be used in combination with item recipes to craft new equipments, buying **bait** and **seeds** to **fish** and **plant**, paying for **travel costs**, **land rent** and **purchase**, and **more**.
3. **Staking** - The token is deflationary, which means there is **no $ARKI staking** to get more of this token. However, **staking operations** will be **possible** using **ARKIPEL01 GENESIS** and later on **within the-metaverse**. One example is as mentioned above:
   * to **craft** a **new NFT item** compatible with ARKIPELAGO metaverse, you will need **raw materials**
   * raw materials should be **fungible tokens** that you can get from **the game**, or buy on our **marketplace.**
   * **more uses of this type are coming**, incentivizing people to utilize as much **ARKI** as possible to earn even more.

> Collateral in **DeFi** - The token will be usable as **stable-coin** collateral on platforms, also be usable for liquidity-providing in DEX implementation.

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To get **$ARKI TOKEN**, one needs to own either **ARKIPEL01 GENESIS** or **ARTEFACT PASS** 
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{% hint style="info" %}

* **Hold** your ARKIPEL01 GENESIS to get **10 $ARKI Token per-DAY per-GENESIS**
* **Stake** your ARKIPEL01 GENESIS for 2 WEEKS to get **200 $ARKI TOKEN per-2WEEKS per-GENESIS**
* **Hold** your ARTEFACT to get **200 $ARKI TOKEN per-DAY per-ARTEFACT**
  {% endhint %}

![(refer back to our )](https://2631521478-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MlOd3eh3q8S-nTvKBmD%2Fuploads%2FnKn1bzdkmYMWNgCOzfrX%2Fimage.png?alt=media\&token=572b8de6-1fcf-4ee9-b73b-391405278414)