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

# What is $PMVS

About $PMVS Token

<mark style="color:green;">$PMVS</mark> is the Primary **ERC-20** token used to perform many actions within the Pepe Metaverse: equipment purchases/sales, replication, crafting, upgrading, repairing.&#x20;

The token economy includes staking, locks, liquidity incentives, buybacks, and burns. These are driven by demand drawn by gameplay perks and value removed from the metaverse economy.

The <mark style="color:green;">$PMVS</mark> token utility includes but not limited to the following:&#x20;

<mark style="color:purple;">**Purchases and transactions**</mark>

* NFTs
* Metahuts, Home assets (e.g. rooms), PepeBoxes and upgrades.
* Event tickets, premium access&#x20;
* Services (promotions or tools)
* Brand stores

<mark style="color:purple;">**Community incentives**</mark>

* Token holder incentives
* Transaction fee incentives
* Affiliate incentives
* Activity incentives
* Staking incentives&#x20;

<mark style="color:purple;">**Governance**</mark>

* Voting
* Curation
* Metaclan memberships

&#x20;Additionally, the <mark style="color:green;">**$PMVS**</mark>**&#x20;holders eventually will be able to stake them in the Pepe Treasury in exchange for certain benefits.**

To create a **sustainable metaverse** that allows long term user adoption, we carefully chose our partners and designed our tokenomics to be aligned around long term vision. We will also collaborate with market makers to mitigate risks even further.

The supply of 420.690B <mark style="color:green;">$PMVS</mark> will be minted with the purpose of financing the early development & expansion of the game, and rewarding the initial batch of users & the team. We will perform a series of sales to have funds to use as liquidity to list <mark style="color:green;">$PMVS</mark> on exchanges.