> For the complete documentation index, see [llms.txt](https://docs.raydius-research.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.raydius-research.com/tokenomics/token-demand-and-supply.md).

# Token Demand and Supply

This section outlines the factors driving demand for $RAYS and the mechanisms controlling its supply.

## Developer and User Demand

The demand for $RAYS is driven by its utility in accessing platform features, staking for extensions, and participating in governance.

## Supply Distribution

Discuss the distribution model for $RAYS, including initial supply, distribution among stakeholders, and any mechanisms for controlling inflation.