# Utility

## [**$AIRUX**](https://x.com/search?q=%24AIRUX\&src=cashtag_click) **is not just a** [**#meme**](https://x.com/hashtag/meme?src=hashtag_click)**!**

Beside being a #meme, it is the Official Token of the Airux Ecosystem.  \
**Every product** of the Airux Ecosystem will benefit the [$AIRUX](https://x.com/search?q=%24AIRUX\&src=cashtag_click) token.

### <mark style="color:blue;">**NFT Staking Rewards**</mark>

[$AIRUX](https://x.com/search?q=%24AIRUX\&src=cashtag_click) tokens are used as rewards for staking the Airux Ecosystem's NFTs. This incentivizes holding and engaging with the ecosystem's NFTs while bringing exposure for the $AIRUX token in the NFT space.

### <mark style="color:blue;">**Buyback Mechanisms**</mark>

Profits from activities within the ecosystem, like mint income + royalties from NFTs and profits from ecosystem initiatives like the "King of the Hill" contest, are partly used for buying back [$AIRUX](https://x.com/search?q=%24AIRUX\&src=cashtag_click) tokens from the market. This mechanism can potentially increase the token's value by reducing supply, growing the treasury and showing ecosystem health and reinvestment.

### <mark style="color:blue;">**NFT Value Correlation**</mark>&#x20;

The value of the NFTs in the Airux Ecosystem is directly tied to [$AIRUX](https://x.com/search?q=%24AIRUX\&src=cashtag_click) due to the staking rewards.

* <mark style="color:blue;">As the price of</mark> [<mark style="color:blue;">$AIRUX</mark>](https://x.com/search?q=%24AIRUX\&src=cashtag_click) <mark style="color:blue;">increases</mark>, the NFT value can also rise since the staking rewards become more valuable, making the NFTs attractive to trade and growing exposure for [$AIRUX](https://x.com/search?q=%24AIRUX\&src=cashtag_click) through the NFT marketplace.
* <mark style="color:blue;">As the NFT's trading volume goes up</mark>, the $AIRUX token buybacks through NFT Royaltie's will also increase, creating buy pressure on the $AIRUX token.

### <mark style="color:blue;">**Marketing and Community Engagement**</mark>&#x20;

[$AIRUX](https://x.com/search?q=%24AIRUX\&src=cashtag_click) reaches a wide and diverse audience through initiatives like the "King of the Hill" contest and NFT staking rewards.  Rewards and profits from the ecosystem's products can also be used for marketing purposes. (Airdrops, LP token burns, Listings, etc..)

### <mark style="color:blue;">**Dev's Meteora LP Rewards**</mark>

Meteora Liquidity Pool fee's are paid out in $SOL and $AIRUX.

* <mark style="color:blue;">$AIRUX from the LP fee's</mark> will be used for staking reward pools, airdrops, treasury, community rewards, etc..
* <mark style="color:blue;">$SOL from the LP fee's</mark> will be used for $AIRUX token buybacks, marketing payments, project costs, etc..

### <mark style="color:blue;">**-> It's a damn MEME!!! <-**</mark>

You've been aping worthless cats and dogs meme's without utility for the last year(s), with no real updates from the Dev, no progress besides meme's, no usecase or anybody actually building something... If you don't understand the utlity of $AIRUX, just look at it as any other cat or dog meme i guess, but with a legit Dev behind it.. :)


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