> For the complete documentation index, see [llms.txt](https://whitepaper.avaxtars.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.avaxtars.com/fundamentals/tokenomics/usdavxt.md).

# $AVXT

![$AVXT Symbol](https://miro.medium.com/max/514/1*SXD5t1rws6tSBzlTLs0fTg.png)

The main token of Avaxtars is **$AVXT**, which was created on the Avalanche network using the **ERC-20** standard.

The hard cap of $AVXT is **one million (1,000,000)** and each $AVXT has six decimal places. These decimal places are referred to as **XT**. **1 $AVXT equals 1,000,000 XT** (think of it like a penny)

Only **200,000** $AVXT were minted at the time of this article; 800,000 more will be minted eventually, and no new $AVXT will be produced after that.

**In May 2021**, two months after Avaxtars launched, we completed an AirDrop to all Avaxtars owners for **10 $AVXT per Avaxtar**. Exactly **57,670 $AVXT** has been distributed to players.

We also distributed **5,395 of $AVXT** through the **Social Media AirDrop** campaign. **4,800** of these tokens were not withdrawn to on-chain wallets on time and we removed those AirDrop from those inactive users back to Game Pool.

The most important way to earn $AVXT is to get it with the dynamics in Avaxtars.

Players may currently obtain boxes using Gen1 Avaxtars’ [**BoxDrop**](/fundamentals/boxdrop-feature.md) ability and open these boxes to obtain $AVXT. However, this is only a temporary solution because each Gen1 character’s BoxDrop ability has a limited number of uses.

Another important way to earn $AVXT is to use **PAGM** devices. If a PAGM device achieves a successful result by using **two Gen1s**, it generates a new Gen2 Avaxtar with some $AVXT tokens as a bonus.

$AVXT can currently be spent on Marketplace to **acquire PAGM devices,** boxes obtained with the **BoxDrop** feature and other game assets. $AVXT is also the only way to **speed up PAGM processes**.

**All the $AVXTs** spent in-game and **5 percent of $AVXTs** spent in the market **go back to the game pool** and continue to be earned by the players.

You can see many of these statistics in real time on our [**statistics page**](https://avaxtars.com/statistics)**.**

![](https://miro.medium.com/max/1400/1*aWSPUQFhr1ICjQF_TlOkhA.jpeg)Some portion of [**Avaxtars Statistics Page**](https://avaxtars.com/statistics)

For many reasons we do not create a **liquidity pool** on a centralized **(CeX)** or decentralized (**DeX)** exchanges, but currently you can buy and sell $AVXT using the community created pool on several different DeX applications and MEXC. You may find links to those websites on the Avaxtars Links section on the left side.