> For the complete documentation index, see [llms.txt](https://docs.cryptoodles.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cryptoodles.com/usdtodl-token/understanding-the-usdtodl-token-mechanics.md).

# Understanding the $TODL Token Mechanics

This page summarizes how the $TODL token works in the Cryptoodle protocol.