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

# In-metaverse token $ALA

Section 3

$ALA will be the token that facilitates all in-metaverse transcations, including transaction as part of applications built on top of AdaLand's 'smart contract layer'. 

$ALA token exhibits a number of important modalities that make it particularly well suited to serve as an in-metaverse currency:

* Similar to fiat currencies the value of $ALA is supposed to stay stable, enabling it to serve as a reliable currency tool - users will be able to earn more $ALA through various in-metaverse mechanisms, such as playing games, building metaverse infrastructure and developing applications with utility outside of the metaverse
* On top, in order to secure liquidity, $ALA staking will be available allowing holders to accrue attractive APY 
* Our official contract addresses will be published here once available
  * \[tba]
* Total supply of $ALA will be capped and distributed over the course of 5 years according to the distribution schedule