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overview-token.md

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Token Economics

The following pages explain in detail the emergent properties of the internal Functional Currency of the Totem Live Accounting Blockchain Network and the economic model.

tl;dr

Totem Transactions - the native cryptocurrency of the app (ticker symbol: TOTEM) is a true Unit of Account because it is both a stable Functional Currency and it is intrinsic to the Accounting Engine. This may be the first time this has ever been conceived or executed - even for traditional accounting software.