> For the complete documentation index, see [llms.txt](https://wiki.hashup.it/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.hashup.it/get-started/token.md).

# # Token

The # token is a liquidity/platform token of the HashUp platform, which is based on the distribution of [ERC20 Cartridges](/get-started/erc20-cartridge.md). 

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The name HashUp is a direct allusion to the underlying mechanism behind the token - once a game is purchased on the primary market, the price of $HASH (UP) increases thanks to a [10% buyback\&burn](/get-started/token/demand-and-volume.md) mechanism every time a game is purchased.
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