# $SLAM

$SLAM is the currency of an **entire web3 information economy** and the official utility token of the [SLAMai ecosystem](/welcome-to-slamai/our-ecosystem.md). It also plays a fundamental role in the governance of the [SLAMai DAO](/governance/slamai-dao.md).

<figure><img src="/files/c1TWnTaOYtFm3DMMH2e0" alt=""><figcaption></figcaption></figure>

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### Minting & Supply Cap

$SLAM will be first minted as an ERC-20 token on the Base blockchain with a total fixed supply of 5,000,000,000 tokens.&#x20;

It will then be bridged to [SLAMchain](/platforms/slamchain.md), when launched, serving as its native gas token.

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### Community & End-User Distribution

A portion of $SLAM's total supply is [allocated](/tokens/slam/allocations.md) for distribution to end-users to grow the [SlamNet ecosystem](/welcome-to-slamai/our-ecosystem.md).

To this end, the [SlamNet DAO](/governance/slamai-dao.md) will conduct various $SLAM airdrops to members of partner communities, including its flagship launch partner, [CryptoSlam](/welcome-to-slamai/background.md).


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