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

# SHAKESTOCK Token

The role, parameters, supply, liquidity model, and utility of the SHAKESTOCK token on Robinhood Chain.

SHAKESTOCK is the on-chain token used as the access requirement for stock reward claims. It exists on Robinhood Chain and is separate from Shake Coins.

### Token parameters

| Parameter    | Value              |
| ------------ | ------------------ |
| Symbol       | SHAKESTOCK         |
| Chain        | Robinhood Chain    |
| Total Supply | 1,000,000,000      |
| Supply Type  | Fixed              |
| Liquidity    | Permanently locked |

The total supply is fixed at 1,000,000,000 SHAKESTOCK. It cannot increase.

### Utility

Holding at least **1,000 SHAKESTOCK** gives a user access to claim stock rewards. This is the token’s primary utility in the product.

{% hint style="info" %}
Holding SHAKESTOCK provides claim access. Shake Coins are spent to claim stock rewards.
{% endhint %}

### What it is and is not

| SHAKESTOCK is                | SHAKESTOCK is not     |
| ---------------------------- | --------------------- |
| An on-chain token            | A staking asset       |
| Tradeable                    | A burn mechanism      |
| Held in the user’s wallet    | A voting right        |
| The claim access requirement | A dividend instrument |

### SHAKESTOCK token vs. Shake Coins

|              | SHAKESTOCK token      | Shake Coins               |
| ------------ | --------------------- | ------------------------- |
| Form         | On-chain token        | Off-chain points          |
| Tradeable    | Yes                   | No                        |
| Held by      | The user, in a wallet | The user, in the Mini App |
| Product role | Access requirement    | Stock claim unit          |

Do not treat Shake Coins as a token balance. They record earned activity within the Mini App.


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