# Token Utility

**1. Overview**

1. **Fixed Supply** – 1 000 000 000 $SELEN (85 % public liquidity, 10 % treasury, 5 % incentive pool).
2. **Four Core Utilities**
   * **Execution Credits** – pay-as-you-go micro-credits for every bot action.
   * **Burn Mechanism** – weekly buy-and-burn of 50 % of fees.
   * **Governance** – 1 token = 1 vote over key parameters and treasury spend.
   * **Incentive Emission** – performance mining that releases tokens only for net-positive PnL or liquidity depth.

**2. Detailed Mechanics**

| Utility                | Lifecycle Steps                                                                                                                                                                  | Key Benefits                                               |
| ---------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------- |
| **Execution Credits**  | <p>1. User buys $SELEN on DEX.<br>2. Tops up an off-chain credit balance.<br>3. Bot actions consume credits in real time.<br>4. Daily aggregation → one on-chain debit.</p>      | *Predictable fees, lower gas* → constant buy-pressure.     |
| **Burn Mechanism**     | <p>1. Platform accrues fees in $SELEN.<br>2. Every Week: 50 % swapped for SOL/USDC, then market-bought into $SELEN.<br>3. Purchased tokens sent to burn address.</p>             | *Usage-driven deflation* aligns scarcity with adoption.    |
| **Governance**         | <p>1. Snapshot poll created.<br>2. Holders vote (1 token = 1 vote).</p><p>3. If quorum & majority met → queued in timelock.<br>4. Multisig executes after 48 h delay.</p>        | *Community-led upgrades*; reduced regulatory risk.         |
| **Incentive Emission** | <p>1. Smart-contract tracks wallet PnL / liquidity depth.<br>2. When a wallet beats benchmark → reward pulled from 5 % pool.<br>3. Pool depletes over time—no new inflation.</p> | *Rewards productive behaviour*; richer data for AI models. |