> For the complete documentation index, see [llms.txt](https://docs.theparallel.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.theparallel.io/tokenomic/ps-the-utility-token.md).

# PS - The utility token

$PS is a Bep-20 token built on the BNB chain. It is a utility token in The Parallel.&#x20;

**Specification**&#x20;

* Symbol: PS&#x20;
* Network: BNB Chain&#x20;
* Total supply: Unlimited&#x20;

**Use Cases**&#x20;

* Rewards for in-game activities&#x20;
* Fees for participating in-game for various experiences and events
* Fees for crafting/uncrafting NFTs&#x20;
* For mining NFTs Paragon and assets
