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

# $UMI

#### Factors Affecting the Price of $UMI

**Purchases and Buy-Back Mechanism**

* All NFT platform transactions are in USDT/USDC.
* **51% Buy-Back**: When a purchase is made, 51% of the price is used to buy back $UMI, ensuring constant demand.
* **49% Developer Revenue**: The remaining 49% goes to the Developer in USDT/USDC.

**Token Burning**

* $UMI tokens are periodically burned, following the token distribution model, to reduce supply and potentially increase value.

**Earning $UMI**

* Users can convert Dive Points to $UMI, providing an additional way to acquire the token.

**Trading $UMI**

* At BETA PHASE 3, a USDT/$UMI and USDC/$UMI pool will be established to facilitate the buying and selling of $UMI tokens.

**For Game Developers: Developer Game Console**

* Developers can access the backend of Umiverse by applying for an account here.
* All applications are reviewed by the Umiverse team for approval.