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

# PLAY

Flow Account address: 0x123cb47fe122f6e3; Identifier: PlayToken

Although PLAY is created using the token smart contract standard from a technical perspective, PLAY serves as an on-chain record to measure the **COLLECTIVE activeness** of the [Moxyan](/moxy-tokenomics/the-moxy-ecosystem/moxyan.md) community. 

PLAY is a shared achievement for everyone in the Moxy community; therefore, it cannot be bought, sold, or traded.

PLAY increases through the following mechanism:

* $MOXY burned into the “Proof of Play” pool. For every 2 $MOXY burned, PLAY will increase by 1 point

The relationship between new $MOXY minted and PLAY is described as follows:

<figure><img src="https://186748671-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FCzeV5jwxtlPQL3IXnsaz%2Fuploads%2FQzGPSDnyNY401cPM3l1v%2Fmoxy%20play%20equation.png?alt=media&amp;token=d44de930-8da6-465c-bbc2-7a33c1ce8362" alt=""><figcaption><p>As of Aug 2023, there is around 350m PLAY, therefore daily new $MOXY minted = (350,000,000 x 1%)/365 = 9,589 $MOXY</p></figcaption></figure>

The PLAY mechanism is created to address the problem of decreasing rewards to the “Play-to-Earn” players commonly observed in other GameFi projects. As the Moxy Ecosystem expands, the number of newly minted $MOXY rewarded to the community will also increase under the PLAY mechanism to ensure there is a sustainable incentive for [Moxyan](/moxy-tokenomics/the-moxy-ecosystem/moxyan.md) to keep contributing to the ecosystem.

Inflation is currrently 0.1% until we reach 1 million registered Moxyans in Moxy Club.

{% hint style="info" %}
Moxy can adjust the inflation rate to match the velocity of the ecosystem and to meet the demands of players. &#x20;

Ex: 0.1% APY per million players to the stated maximum of 1% above.
{% endhint %}