# SLM

**SLM** is the internal play and earn token for the **SLM.Games** app. It has an unlimited supply and is earned by playing games in the app. 

When users consume **SLM** or upgrade their NFTs in the app, the tokens are burned. This means that the overall supply of SLM will decrease over time, potentially increasing its value for users who hold onto their tokens.

## Token Definition

**Symbol**: SLM

**Total supply**: unlimited

## Token **Distribution**

**SLM** token is issued on all the chains with a unlimited supply

There is **NO** pre-mine distribution, **NO** pre-sale, **NO** ICO of SLM token

Team hold **ZERO** SLM token, all users start on the same line.

## **Token Issuance** Mechanism

**SLM** token is only issued to users who is playing SLM.Games.

Basic release is 0.1 **SLM** per **USD** wagered.

As your Miner **NFT+** level increases, it can be increased to 1 **SLM** per **USD** wagered.

## Token Burning Mechanism

**SLM** token can be used to upgrade your **NFT+**

**SLM** also can be used to open Luckybox to get reward on SLM.Games website

All used tokens will be burnt

#### In the future, other mechanics will be used to burn **SLM** tokens

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**SLM.Games** does not sell **SLM** directly to players, users mine tokens themselves, use them in the website, and can sell/exchange them on open marketplaces.
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