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description: General overview & Tokenomics
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# $SOULS

**$SOULS token supply: 1 Billion**&#x20;

The $SOULS token is a community token that can only be generated by staking your Spawnling NFT (for more info on this return to the previous page named "Staking v1").

* **1 Staked Spawnling generates 10 $SOULS per week.**&#x20;

Assuming all 2222 NFTs are not listed, thus eligible for an airdrop - the $SOULS released to holders on a weekly basis is 22,220 $SOULS. As we add new NFTs under the project umbrella we may increase the amount of tokens that get distributed for for Spawnlings.

**$SOULS&#x20;**_**(current)**_**&#x20;utilties include:**

* Raffles
* Purchasing assets from the Spawnlings Treasury
* Discounted (or entirely Free) mints for future Spawnling umbrella NFT projects in exchange of  X amount of $SOULS&#x20;

The $SOULS token is NOT planned to be added to any liquidity pool. It is strictly forbidden for anyone adding the token to any liquidity pool, if that happens the $SOULS will incur a clawback and can be considered lost/returned to the community treasury.



Further $SOULS utilities to be introduced at later stage.

