# Token

**Overview**: The $RING token was launched as a meme token to attract fans of the lore. Whilst limited in functionality and utility today due to limitations around the existing tech, it will eventually be used to incentivize participation in the ecosystem, facilitate transactions between agents, and reward users who are contributing to Sauron’s growth

**$RING token utility**: In the future, the $RING token will be central to any of the agentic behaviours which Sauron partakes in, therefore serving as the primary and only sink for the Agent. $RING ownership is also the only way for community members to enjoy rewards which accrue from Sauron's activities. For instance, $RING will be treated as an incentive mechanism for Sauron to reward contributors who have helped Sauron grow its influence. As Sauron accrues fees from greater trading volume from the $RING token, his treausury further grows and enables further marketing capability, driving a virtuous cycle between the community and Sauron to achieve dominant mindshare on X
