# $RUGZ Explained

#### What Are $RUGZ?

The Utility Currency Powering the Dollz World Hub

$RUGZ is the official **ERC-20 utility token** of the Dollz World ecosystem, created to give our community a seamless and purpose-driven currency for interacting with everything inside the **Dollz World Hub**. Unlike traditional ERC-20 tokens, $RUGZ carries **no paired token and no liquidity backing**, ensuring it serves exclusively as an internal utility asset rather than a speculative tradable token. Its purpose is functional, stable, and ecosystem-bound.

#### **Built on ApeChain for Speed and Efficiency**

To deliver an optimal user experience, $RUGZ operates on **ApeChain**, giving the token:

* Low gas fees
* High-speed confirmation times
* Reliable, uninterrupted transactions

This makes every in-hub action, from unlocking features to engaging with gamified systems, fast and frictionless.

#### **How Users Earn $RUGZ**

$RUGZ is not sold; it is **earned** through participation and engagement:

1. **Staking NFTs** – Holders stake their eligible NFTs in our platform to accumulate $RUGZ over time.
2. **Claiming Periodically** – Users can claim their earned tokens whenever needed and use them throughout the ecosystem.
3. **Team Airdrops** – The team may distribute $RUGZ for completing special tasks, contributing to challenges, or achieving community milestones.

#### **Wallet Integration and On-Site Display**

Once a user claims their $RUGZ and holds it in a wallet connected to the **Dollz World Hub**, their live token balance is displayed clearly in the **top-right corner** of the site, directly beside the wallet connect button. This ensures transparent tracking and an intuitive user experience.

#### **A Purpose-Built Ecosystem Currency**

By designing $RUGZ exclusively for in-ecosystem use, we maintain stability, reduce unnecessary volatility, and reinforce its role as a functional currency that enhances every interaction inside the Dollz World Hub.

<figure><img src="https://1695312126-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FxSqaecvjF9KPKMprk1r2%2Fuploads%2FsMj8cjdeQTghOWdewQmL%2FUntitled%20design%20-%202023-12-18T160417.409.png?alt=media&#x26;token=7710fa10-7c19-469d-9338-b1113ed6cc72" alt="" width="375"><figcaption></figcaption></figure>
