> For the complete documentation index, see [llms.txt](https://phantom-of-the-opera.gitbook.io/the-phantom-of-the-opera-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://phantom-of-the-opera.gitbook.io/the-phantom-of-the-opera-whitepaper/tokenomics.md).

# Tokenomics

The Phantom of the Opera (PHTO)  Token is designed as a key component of The Phantom of the Opera (PHTO)  ecosystem, built on the Binance Smart Chain.