> For the complete documentation index, see [llms.txt](https://xai-foundation.gitbook.io/xai-network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://xai-foundation.gitbook.io/xai-network/en/about-xai/xai-tokenomics/xai-tokens-utility-and-purpose.md).

# XAI Token’s Utility & Purpose

XAI is the token of record for the Xai blockchain.  Its utility is in line with traditional token utility on popular L1s and L2s and XAI is fully transferable.

* XAI is the gas fee token on the Xai L3
* XAI can be burnt and redeemed for esXAI at a 1:1 ratio at <https://app.xai.games>