# TOKENOMICS

- [TORCH Token](/hercules/tokenomics/torch-token.md): Hercules' Native Token
- [xTORCH Token](/hercules/tokenomics/xtorch-token.md): Hercules' Escrowed Token for Sustainable Tokenomics
- [How to Use xTORCH](/hercules/tokenomics/xtorch-token/how-to-use-xtorch.md)
- [Conversion & Redemption](/hercules/tokenomics/xtorch-token/conversion-and-redemption.md): Converting between TORCH and xTORCH
- [xMETIS Token](/hercules/tokenomics/xmetis-token.md)
- [Token Distribution](/hercules/tokenomics/token-distribution.md)
- [Protocol Earnings](/hercules/tokenomics/protocol-earnings.md)
- [Deflationary Mechanisms](/hercules/tokenomics/deflationary-mechanisms.md)