# $ELM TOKEN

![](https://3341793452-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Frw0OQgStdmkOy1Nr0juy%2Fuploads%2FtiL1hiTdDw3OpIKRTL2M%2FCoins%20\(1\).png?alt=media\&token=0fbc39f0-21c6-4531-ba5f-6572bbf6b338) ![](https://3341793452-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Frw0OQgStdmkOy1Nr0juy%2Fuploads%2FezgRcMjDBsazX946YLV5%2FCollect.png?alt=media\&token=ab8cb07b-00e4-4ee8-a3e3-a68e330bb476)

**$ELM** is our ESDT token built on the Elrond blockchain for the ElementalApes Planet.

$ELM main goals are: 

1. Being Listed in the Maiar Exchange
2. Reward players for interacting with ElementalApes Planet
3. Create a real Ecosystem in which you can trade your Apes, items and Potions thanks to $ELM
4. Staking System to incentivize People to Hold their Tokens, other than trading them.
5. Decentralize the ownership and governance of ElementalApes

$ELM will have several Utilities which will be explained in the following paragraphs.