> For the complete documentation index, see [llms.txt](https://onehp69.gitbook.io/cryptogem-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://onehp69.gitbook.io/cryptogem-whitepaper/economy/usdcgem-token.md).

# $CGEM Token

![$CGEM](/files/f2HmpsaxmCB5jo80ijKs)

### **$CGEM will be required as it is the only currency of the game.** 

$CGEM will be the ***sole currency used in the Gemstone marketplace***. Players will use it in trading pickaxes, Gem mines, and their farmed gems. It will also be used as fees in upgrading and fusing pickaxes. 

***In short, $CGEM is used for every trade within the Cryptogem's ecosystem.***

### $CGEM Staking

Eventually, $CGEM will give the ability to its holders to claim rewards if they choose to ***stake*** it. This procedure will ***decrease the circulating supply*** and give generous ***rewards*** to the holders.

***The ultimate goal*** of implementing staking is to ***decentralize the game*** and provide holders with ***the ability to voice their opinions and participate in the future of the game through a voting process***. The process of decentralization will slowly take place in the game to ensure a safe environment for everyone.

### **$CGEM Treasury**

As the game evolves towards *decentralization*, the implementation of a treasury feature is a must. It will function as a "vault" which will stabilize the game's economy and give S*taking participants* a way to monetize the game. 

***The Treasury will receive inflow through different streams:*** 

* ***Marketplace fees***
* ***A portion of the fusion and upgrade fee (the other portion will be burned)***
* ***A portion of the refinement fee (the other portion will be burned)***

![](/files/qSNJC1ggb25vRIi5Qkur)


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