> For the complete documentation index, see [llms.txt](https://toolheads.gitbook.io/toolpaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://toolheads.gitbook.io/toolpaper/staking/usdtool.md).

# $TOOL

$TOOL is the coin that powers the CNFT Tools and TOOLHEADS ecosystem

<figure><img src="https://2030691306-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOemeVZ1WutzsVtT1MM2U%2Fuploads%2FLkdicmwa65Vtk2E1BFHi%2FUntitled_design-6.gif?alt=media&amp;token=0f33160e-e661-438e-a232-effdbd68f337" alt="" width="375"><figcaption></figcaption></figure>

### Key Facts

* $TOOL will have a supply of 1,000,000,000 (1 Billion)
* $TOOL will be decimalised to 6 places.&#x20;
* $TOOL will be available to buy and sell on Cardano DEXs

### Tokenomics

<figure><img src="https://2030691306-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOemeVZ1WutzsVtT1MM2U%2Fuploads%2FakuR4gMuNpP1rXsMExZW%2Fpie.png?alt=media&amp;token=e78b941d-fa72-4c3e-b490-5a1ea0da1b29" alt=""><figcaption></figcaption></figure>

* 10% of $TOOL supply (100,000,000) is reserved for an initial liquidity fund. This will be paired with 100,000 ADA to create initial liquidity pool(s) for trading.&#x20;
* 5% of $TOOL supply  (50,000,000) is reserved for marketing purposes.&#x20;
* 85% of $TOOL supply is reserved to be emitted through the TOOLHEAD staking platform. There is **NO presale.** The only way to initially acquire $TOOL will be through the TOOLHEAD STAKING PLATFORM.
