> ## Documentation Index > Fetch the complete documentation index at: https://docs.mag3nt.com/llms.txt > Use this file to discover all available pages before exploring further. # $MAG3NT — Token Utility > Why $MAG3NT exists, how you earn on mag3nt., and what Pro / Yield+ credentials unlock. **Token**: `$MAG3NT` | **Chain**: Base | **Contract**: `0xF4EaF78b484ECe2a9b495eb02C9Dcfa0F8920631` **Ticker:** \$MAG3NT\ **Standard:** ERC-20 on Base (`eip155:8453`) This document explains why `$MAG3NT` exists and how it captures the value of the mag3nt. network. No jargon, no hype — just the economic engine of a stablecoin-native payment network. *** ## The Vision: A Global Settlement Layer mag3nt. is a payment and settlement network built for the agentic economy and global commerce. We move money using stablecoins, making transactions instant, borderless, and programmable. * **Pay** — Use a mag3nt. credential to pay any merchant or agent endpoint. * **Receive** — Spin up a **paylink** to accept payments instantly without a wallet address exchange. * **Request** — Use paylinks as invoices or simple payment requests in any chat. * **Settle** — Move value across borders. With integrated on-ramps and off-ramps, mag3nt. handles the entire settlement lifecycle from local currency to stablecoin and back. *** ## How You Make Money on mag3nt. mag3nt. is not only a way to spend — it is a way to earn: * **Earn yield** on the stablecoins sitting idle in your credentials, automatically, while they stay ready to spend. * **Get paid** through paylinks — sell a service, an API, or a product and collect from anyone, anywhere, instantly. * **Charge your own users** — issue sub-credentials and bill per use, so developers and businesses can run paid services on top of mag3nt. * **Settle across borders** without losing money to slow, expensive rails. Holding `$MAG3NT` improves all of it: higher yield, lower fees, and access to the Pro / Yield+ tools that turn a credential into a business. *** ## Why the Token Matters mag3nt. keeps the basics simple and cheap: creating a credential and claiming a basic paylink stays free. `$MAG3NT` is for users who want better economics and more powerful credentials. As the network grows, more value moves through mag3nt. credentials and paylinks. The token makes that value useful inside the product: * higher yield on idle credential balances, * access to Pro / Yield+ credential features, * discounted premium services when paid in `$MAG3NT`, * and governance over the parts of the network users care about: fees, yield partners, and settlement corridors. ## Pro / Yield+ Credentials The **Pro / Yield+** credential is the premium version of a mag3nt. credential. It is built for people, agents, merchants, and teams that move money often and need more than a simple payment card. ### 1. Boosted Auto-Yield Idle stablecoin balances can earn yield through integrated non-custodial yield APIs. Pro / Yield+ users receive a higher yield rate, and `$MAG3NT` stakers receive the best available boost. Your money can keep working while it waits to be spent, requested, or settled. ### 2. Programmable Sub-Credentials Issue scoped "child" credentials to sub-agents, employees, or customers. * **Granular Limits**: Set specific spending caps for each sub-credential. * **Instant Revocation**: Kill any sub-credential at any time without affecting your main account. * **Auto-Reload**: Automatically top up sub-credentials from a parent credential when they run low. ### 3. Advanced Spend Policies Control exactly how money moves with programmable rules: * **Merchant Allowlists**: Restrict spending to specific verified merchants. * **Velocity Caps**: Limit how much can be spent per hour, day, or transaction. * **Time Windows**: Allow spending only during specific hours. ### 4. Paylink Business Tools Turn a paylink into a serious payment request or settlement page: * **Verified Paylinks**: Show users that the receiver is verified. * **Branded Checkout**: A cleaner payment page for your business, agent, or service. * **Receipts & Statements**: Cleaner records for customers, merchants, and accounting. * **Webhook Notifications**: Get notified instantly when a payment lands. ### 5. Priority Settlement Pro / Yield+ users get faster settlement handling, higher limits, and better support for high-volume payment flows. This matters when paylinks are used for commerce, invoices, remittance, or recurring agent activity. ### 6. Team & Agent Controls Manage multiple agents, teammates, or customers across your credentials: * **Roles and Permissions**: Decide who can issue, fund, freeze, or redeem credentials. * **Audit Logs**: See exactly who moved money and when. * **Instant Freeze**: Stop a credential immediately if something looks wrong. ### 7. Flexible Access You can access Pro / Yield+ in three ways: * stake enough `$MAG3NT` and unlock it, * pay monthly in `$MAG3NT` at a discount, * or pay monthly in USDC at the standard price. This keeps mag3nt. open to everyone while giving token holders better economics. *** ## \$MAG3NT Token Utility The token is the key to unlocking the best economics on the network. * **Fee Discounts**: Staking `$MAG3NT` reduces your transaction fees even further. For high-volume merchants, this creates a massive economic incentive to hold and lock the token. * **Yield Boosts**: The more `$MAG3NT` you stake, the higher the APY you receive on your idle credential balances. * **Unlock Pro for Free**: Instead of a monthly subscription, users can stake a specific amount of `$MAG3NT` to unlock all Pro / Yield+ features for free. * **Discounted Premium Payments**: Users who do not want to stake can still pay for Pro / Yield+ in `$MAG3NT` at a discount, or pay the full price in USDC. * **Protocol Buybacks**: When enabled by governance, a portion of protocol revenue can be used to buy back `$MAG3NT` on the open market. * **Governance**: Holders help decide protocol parameters, including fee levels, yield partner integrations, and new settlement corridors. `$MAG3NT` is the value-capture layer of a network that settles real money. As mag3nt. expands from agent payments to global cross-border settlement, the token ensures that the value created by the network stays within the ecosystem.