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

# BET Token

## #About BET token 

BET is the native token of the Betfin ecosystem. BET is a pure utility token that is used for all possible transactions within the ecosystem such as: 

* Providing liquidity to independent game operators via bilateral smart-contract arrangements and receiving its payouts.
* Betting to any game and its payouts.
* Payout of affiliate bonuses.
* Payout of partner profits.

## **BET token technical fact sheet:** 

<table><thead><tr><th width="220">Fact</th><th>Detail</th><th>Note</th></tr></thead><tbody><tr><td>Chain</td><td>EVM: Polygon POS</td><td>No other chains yet</td></tr><tr><td>Token address</td><td><a href="https://polygonscan.com/token/0xbf7970d56a150cd0b60bd08388a4a75a27777777">0xbf7970d56a150cd0b60bd08388a4a75a27777777</a></td><td><a href="https://polygonscan.com/token/0xbf7970d56a150cd0b60bd08388a4a75a27777777#code">Open-sourced</a></td></tr><tr><td>Total supply</td><td>777,777,777,777 BET</td><td><a data-mention href="/pages/IZqFeKHZ2te12sa1IMXF">/pages/IZqFeKHZ2te12sa1IMXF</a></td></tr><tr><td>Number of decimals</td><td>18</td><td>-</td></tr><tr><td>PAUSE function</td><td>no</td><td>Contract can not be paused</td></tr><tr><td>FREEZE function</td><td>no</td><td>No transaction can be frozen</td></tr><tr><td>MINT function</td><td>no</td><td>Supply can not be increased</td></tr><tr><td>Burn or tax mechanism</td><td>no</td><td>There is no burn or tax</td></tr><tr><td>Access control</td><td>none</td><td>Issuer has no special rights</td></tr></tbody></table>

## BET token's utility and value&#x20;

* *BET token is not backed by any asset such as share, commodities, FIAT money or centrally managed value.*&#x20;
* *BET token does not represent equity, a debt obligation, or any right to a share in the Company’s profits.*
* *BET token does not guarantee or generate any returns*
* *BET token does not have any initial, minimal or maximal value*
* *BET token price is result of demand and supply on free market.*
* *BET token is the mandatory access point that gives you entry into protocol liquidity and technological infrastructure.*
* *BET token demand is based on the demanded for the Betfin technology.*