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

# Palpables Token($Pal)

<figure><img src="/files/BRfemH1hN6TkanNxlRv1" alt="" width="375"><figcaption><p>$Pal</p></figcaption></figure>

<figure><img src="/files/nOi8P2drpUrfOZpH0lLa" alt=""><figcaption><p>Palpables My in-ing</p></figcaption></figure>

## Outline

In the Palpables ecosystem, $Pal plays a crucial role as a core tool. Users can directly mine $Pal through their devices, continuously generating value in the process. By mining $Pal, users not only contribute to the activation of the ecosystem but also gain their own identity and value. These mining activities significantly contribute to the growth and stability of the ecosystem, providing users with rewards and various benefits within the ecosystem. Through these interactions, the Palpables ecosystem thrives and becomes more robust.

## Role and Value of $Pal&#x20;

Designed to activate the ecosystem internally, its transfer to external wallets is restricted. Users can earn $Pal as a reward by performing specific measurements and routines. This encourages users to actively engage within the Palpables ecosystem and continuously create value. Through this mechanism, $Pal fosters the growth of the ecosystem and provides various benefits to users. We aim to help users create value through meaningful activities within the ecosystem and achieve sustainable development with $Pal.

## The feature of Palpable Token($Pal)

1. $Pal serves as the utility token of the Palpables ecosystem.&#x20;
2. $Pal cannot be issued by any method other than mining.&#x20;
3. $Pal can be used for minting NFTs, swapping, and market transactions(goods) on the Palpables web/app platform.&#x20;
4. The value of the $Pal is pegged to Palpables NFTs and is linked to the price of Palpables NFTs.
5. As the value of $Pal increases, the value of the mining device (I.o.T. Device) can also rise.&#x20;
6. $Pal cannot be transferred externally and circulates only within the internal ecosystem.&#x20;
7. $Pal contract is deployed on the Ethereum Main Network.&#x20;
8. $Pal does not have an initial supply.
9. The only way to acquire PAL Tokens is by completing routines; it does not include functionalities like staking or governance.&#x20;
10. The types and amounts of $Pal rewards may be subject to change.&#x20;


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