> For the complete documentation index, see [llms.txt](https://metaderby-1.gitbook.io/metaderby-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://metaderby-1.gitbook.io/metaderby-whitepaper/metaderby-tokenomics/tokenomics.md).

# Tokenomics

There are two major tokens in the MetaDerby universe, a utility token named HOOF and a governance token named DBY.

## HOOF

**Avalanche C-Chain Token Address: 0xe0bb6fed446a2dbb27f84d3c27c4ed8ea7603366**

HOOF serves as the fundamental gas in MetaDerby and has unlimited supply. HOOF’s use cases include:&#x20;

* Entry fees to attend horse races&#x20;
* Entry fees to stables by male horses&#x20;
* Breeding fees for male horses&#x20;
* Mystery box purchase
* Materials purchase and constructions for farm lands and race courses

In the game play, users can obtain HOOF via the following ways:&#x20;

* Become the Top 3 in a horse race&#x20;
* Host a horse race

## DBY

**Avalanche C-Chain Token Address: 0x5085434227ab73151fad2de546210cbc8663df96**

Derby (DBY) is the governance token in MetaDerby and has a total supply of 1,000,000,000. DBY’s use cases include:&#x20;

* Metaverse land purchase&#x20;
* Liquidity provision
* Gaming governance

DBY holders will be able to participate in the decision-making process and vote on key matters relating to the development and future direction of the MetaDerby-verse when the community becomes mature.

Players may receive DBY by selling horses, participating in the weekly tournaments or breeding by a male horse.
