# Token Utility

If you are a classic crypto investor, you may be wondering what issue is Token NUTS solving and why you should buy it. Well..., we don't like problems. $NUTS is a reward token.

* 🚜 **STAKING:** Since $NUTS is essentially a REWARD token, a large amount of the token supply will be dedicated to NFT Staking and Token Staking.<br>
* 🎰 **ElrondBet.net Utility Token:** $NUTS is the main fuel of the ElrondBet dApp with the lowest fee applied. 2.5% of each bet is burned 🔥, making $NUTS a deflationary token. <br>
* 🪙 Tip Token for **MEME** content creators on: [**www.xMemers.com**](https://xmemers.com)<br>
* 💱 Mint / Make Offers / Sell / Buy / Bid on NFTs with $NUTS<br>
* 💰 Providing Liquidity for our [**Games**](https://docs.nutstoken.net/www.elrondbet.net) <br>
* [🔨](https://emojipedia.org/hammer/) Utility Token for future products developed by the Nuts Token Team

We’ll bring more and more utility for the $NUTS token as we move forward on this journey. 🚀&#x20;


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