> For the complete documentation index, see [llms.txt](https://smol404.gitbook.io/smol404-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smol404.gitbook.io/smol404-docs/smol404/usdsmol.md).

# $SMOL

$SMOL is the SMOL404 platform and ecosystem token.&#x20;

Chain: BNB Chain

Tokenomics: 10% Dev Wallet (Locked).&#x20;

Utility: Protocol fees will be used to buy back and burn $SMOL rewarding users and holders at the same time.&#x20;

### Ecosystem flywheel

The launchpad is designed to connect protocol usage back to the $SMOL ecosystem.

A portion of launchpad fees can be used to purchase $SMOL from the open market.

The intended cycle is:

**More builders**

↓

**More SMOL404 launches**

↓

**More users and trading activity**

↓

**More protocol fees**

↓

**$SMOL buybacks**

↓

**More value flowing back into the ecosystem**

Additional utilities for $SMOL may be introduced as the ecosystem develops.&#x20;


---

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