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

# LOOMA ($LOOMA) Token

The native utility token of the LOOMA Network

<figure><img src="https://2265068766-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Frjfl1r6ACMrUcK48AQn0%2Fuploads%2FmTmVM88wFJgGfggNS3x3%2Fdone1%202.png?alt=media&amp;token=ced78665-4e86-4e97-98d1-70aab41b421b" alt=""><figcaption></figcaption></figure>

### About $LOOMA

$LOOMA is the native utility token of the LOOMA blockchain — a Layer 1 network built to simplify DeFi staking and create sustainable, transparent yields. It powers transactions, governance, staking, and incentives across the LOOMA ecosystem, ensuring both security and long-term growth.

You can track $LOOMA on:

* **Etherscan**
* **CoinGecko**
* **CoinMarketCap**

### Token Utility

The $LOOMA token is central to the ecosystem and serves multiple purposes:

* **Gas Fees:** Used for network transactions and smart contract execution.
* **Governance:** Grants holders the ability to vote on proposals and shape LOOMA’s

  future.
* **Staking:** Core to the ecosystem — users can stake $LOOMA to secure the network and

  earn rewards.
* **Ecosystem Incentives:** Distributed as rewards for referrals, quests, liquidity provision,

  and community engagement.

### Ecosystem Integration

$LOOMA is deeply integrated into all parts of the LOOMA ecosystem:

* **DeFi Staking & Yield Strategies:** Powering simple yet composable staking,

  compounding, lending, and borrowing.
* **Collateralization:** Enables $LOOMA to be used as collateral across lending and

  structured yield markets.
* **Community Engagement:** Incentivizes active participation through rewards, quests,

  and gamified experiences.

### Token Supply & Allocation

* **Total Supply:** 1 billion $LOOMA tokens
* **Initial Circulating Supply at TGE:** 100% of total supply (fair launch)

**Allocation Breakdown:**

* **Community 100%**


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