> For the complete documentation index, see [llms.txt](https://mixmob.gitbook.io/mixmob-player-guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://mixmob.gitbook.io/mixmob-player-guide/web3-and-ownership/what-is-usdmxm.md).

# What is $MXM?

$MXM is the native utility token of **MixMob: Racer 1**, designed to serve as the core currency within the MixMob ecosystem.

At the moment, $MXM allows players to stake tokens for rewards and participate in various in-game activities, but over time, it will open up new possibilities for players, such as unlocking special features, exclusive events, and even marketplace opportunities.

As the game evolves, $MXM will be used for a variety of activities, including but not limited to:

* **Exclusive Events & Tournaments**: $MXM will be required to participate in premium tournaments and special events.
* **In-Game Content**: Unlock unique in-game assets, skins, and upgrades.
* **Customization**: As the game expands, $MXM will play a role in personalizing your experience with new features like MixBot upgrades and more.

The core idea behind $MXM is to continuously improve and expand the MixMob ecosystem. As we add new features, $MXM will be integrated into those features, further enhancing the game's depth and your overall experience.

For more details, stay tuned for future updates and announcements!

**$MXM Contract Address**: `H53UGEyBrB9easo9ego8yYk7o4Zq1G5cCtkxD3E3hZav`\
**Staking Address**: [MixLab Staking](https://mixlab.mixmob.io/staking/token)