# 7. Ec³ Credit

**Ec³ Credit** is a fuel token pegged to the US dollar, used to pay for all transaction fees within the Ec³ network. This includes purchases of Ec cubes, distributed energy, data transactions, and more. Ec³ Credit can be obtained by burning ECT.

The price of a single Ec³ Credit is fixed at **0.00001 USD**. That is to say, at any time, 1 USD can be exchanged for 100,000 Ec³ Credits.

Ec³ Credit can only be generated by burning HNT. The amount of Ec³ Credit produced by burning a unit of ECT will fluctuate based on the price of ECT. For example, if the price of ECT is 0.5 USD, burning one ECT will yield 50,000 Ec³ Credits.

The design of ECT and Ec³ Credit is based on the Burn-And-Mint Equilibrium (BME) model, which aims to adjust the supply of ECT according to the usage volume of the network. This way, when burning and minting reach a balance, the circulation of ECT can remain stable.

<figure><img src="https://1848508959-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXttZ2ieqFdyBrYGeAsjH%2Fuploads%2FXJmu2E7LWMepJI0LFNpN%2Fimage.png?alt=media&#x26;token=b72714c9-7fed-4fba-859c-c990a034b10b" alt=""><figcaption></figcaption></figure>


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