# 1. Ec³ Token ($ECT)

The $ECT token is the underlying foundation of the Ec³ ecosystem. $ECT is an EVM-compatible token launched on [peaq network](https://www.peaq.network/). Most interactions within the Ec³ platform are directly or indirectly related to $ECT.

The maximum supply of $ECT is set at **1000,000,000**, which means that unless there are future decisions from DAO, there will never be more tokens in circulation. $ECT is now live on the peaq testnet agung and is expected to go live on the peaq mainnet in the **first quarter of 2024** and be listed for public trading in **the second quarter of 2024**.