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

# DUEL Token

DUEL tokens can be burnt and instantly converted for xDUEL at a 1:1 ratio. Read more about DUEL and xDUEL at [Staking Terms](https://stakingterms.duelyst.xyz)

<figure><img src="/files/p9QsvSWVnkOGYisQdn9m" alt="" width="188"><figcaption><p>DUEL Token</p></figcaption></figure>

| Token Utilities            | Description                                                                                                                                                                                                                                        |
| -------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Purchasing                 | $DUEL serves as the digital currency within the Duelyst Vanguard ecosystem, facilitating the acquisition of NFTs, in-game items, and entry into various gaming events for players.                                                                 |
| Governance                 | To engage in governance and participate in the DAO, $DUEL tokens must be converted to xDUEL tokens. Holding xDUEL empowers players and the community to take part in the governance process through a decentralized autonomous organization (DAO). |
| Incentives - Yield Farming | Through active participation in DeFi liquidity farming, contributors to the Duelyst Ecosystem can earn rewards. Providing liquidity via DUEL-USDT and/or other DUEL pairs enables participants to receive rewards in both DUEL and xDUEL tokens.   |


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