# Tokenomics ($GM Token)

**Behold the $GM Token, your passport to GM Degens Club NFTs!**&#x20;

This shiny new $GM Token isn't just for show; it's your key to dive headfirst into the dynamic GM Degens Club universe. With $GM in your arsenal, you get to have a say in what makes our ecosystem tick. It's like being the conductor of a crypto symphony!&#x20;

But that's not all – this token is the secret sauce that keeps our NFT collection's value safe and sound. To score your share of $GM, you'll need to stake your GM Degens Club NFTs, securely locking them away in our staking contract. It's like a digital treasure hunt with a dash of crypto staking. 💰🔒

**Ticker**\
$GM\
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**Total Supply** \
update soon\
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**Policy ID**\
update soon

**Usecases**\
WL auctions, raffles, NFT auctions, raffles, merch and more!&#x20;

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