# $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&#x26;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

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* 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.