# The $AVO Token

## Contract Address <a href="#official-contract-address" id="official-contract-address"></a>

Avocado ($AVO) is native to the Solana Blockchain.

The official contract address is: `2qWRRwrK9VGBKtJwfoN8Nn6ivCTTwDf4trkUBkE2inEn`

## Token Details

* Only 2000 $AVO will ever exist. These tokens will be burnt after redemption in several cases.
* AVO was distributed for participation in events and usage of products in the GUAC ecosystem.
* Please note that the $AVO token is a 0 decimal token and can not be broken into fractions!

## Use Cases

The first primary purpose of the $AVO token was as a whitelisting mint mechanism for the AVOtar mint. AVO's were burnable to mint an [Avotar](https://docs.guacamole.gg/guacamole-guac/guacamole-avotars) during the initial minting period.

### Possible Future Integrations

* Redeemable for raffle and giveaway boosts in the applications
* Used for specific upgrades to artwork within the AVOtar project.
* May act as a coupon within the full marketplace on launch
* Redeemable for AVO-specific merchandise

*All of the above possibilities will burn an $AVO on use. **As the supply decreases, incentives to redeem or spend your $AVO will increase.***

## Trading Markets

There is currently an AVO/GUAC trading market with a liquidity pool on Meteora. This liquidity has been supplied by the AvocaDAO and locked for 4 years in our [Liquidity Lockers](https://docs.guacamole.gg/products-and-features/launch/liquidity-lockers) system.

{% hint style="info" %}
We advise trading this market with caution and slippage in mind, as AVO is a 0 decimal token. We also advise against providing liquidity to this pool without understanding the liquidity dynamics of a 0 decimal token.
{% endhint %}