# What is $PAR Token?

$PAR (Ponzi Accelerator Rewards) is the utility token of the platform. It will be used for:

* Staking (earn APY, early access to new tokens)
* Governance voting (decide which tokens get promoted)
* Early access to IDO/IEO launches
* Rewards for ambassadors and active users
  \
  Token Details:
* Name: Ponzi Accelerator
* Ticker: $PAR
* Network: Solana
* Total Supply: 1,000,000,000 $PAR