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

# $SCHAT

<figure><img src="https://2375623628-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkUCkkdlRI2o9EkTVsB5W%2Fuploads%2FjM31Et1y1Cu473EBSzOZ%2FStorychat%20circle.png?alt=media&amp;token=552d3334-194e-4357-b858-eb97f9303958" alt="" width="563"><figcaption></figcaption></figure>

## Introduction to $SCHAT

$SCHAT is the utility token that powers the Storychat ecosystem, serving a variety of purposes within the platform. With a maximum supply of 50,000,000,000 tokens,&#x20;

$SCHAT is designed to ensure the long-term sustainability of the Storychat platform.

## Token Utility

* **Purchase Story Points:** Users can buy Story Points using $SCHAT.
* **Purchase Creator Yield Tokens:** $SCHAT can be used to acquire Yield Tokens from creators.
* **Token Staking:** Stake $SCHAT to earn additional rewards.
* **Airdrops and Events:** $SCHAT is used as a reward in various airdrops and events.
* **Marketplace Purchases:** Buy various goods in the Storychat marketplace using $SCHAT.
* **Acquire AI Provider Rights:** Obtain AI Provider rights using $SCHAT.

## Value Loop

<figure><img src="https://2375623628-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FkUCkkdlRI2o9EkTVsB5W%2Fuploads%2FR7T5cOZeCeUrxOvIChgF%2Fimage.png?alt=media&amp;token=4177c61f-a177-4f49-976a-57fca97f8d7f" alt=""><figcaption></figcaption></figure>