> For the complete documentation index, see [llms.txt](https://phntm.gitbook.io/phntm-litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://phntm.gitbook.io/phntm-litepaper/usdphntm.md).

# $PHNTM

**Supply: 10M**

**$PHTNM** is a utility token at the centre of the PHNTM ecosystem.\
\
**Tokenomics**

<figure><img src="https://2546461851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2yHgN2IUQBH7m4VGeWR%2Fuploads%2Fm8CiOJ4jwsG0gWueCEHe%2Fimage.png?alt=media&amp;token=bfb01463-25d3-4a72-bf06-3fd23cd47e09" alt=""><figcaption></figcaption></figure>

PHNTM has **deflationary** economics baked into it.

The Uprising collection will be minted in part in $PHNTM & all tokens earnt from the mint will be burnt.

PHNTM JKPT – 20% of all $PHNTM earnt on PHNTM JKPT will be burnt.

Any future collections launched will require $PHNTM

<figure><img src="https://2546461851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FF2yHgN2IUQBH7m4VGeWR%2Fuploads%2FEtGzdvzljuzX9c62JLbc%2FPNG%20image%20(1).jpeg?alt=media&amp;token=30caf36f-2775-4ddd-a298-14b8a0d95b51" alt=""><figcaption></figcaption></figure>