> For the complete documentation index, see [llms.txt](https://docs.openbisea.com/openbisea/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.openbisea.com/openbisea/blockchain-part/obs-token-and-openbisea-functionality.md). # OBS Token and OpenBiSea functionality [**OBS**](https://coinmarketcap.com/ru/currencies/openbisea/) token issues for all OpenBiSea platform players who will use the app and invest in OpenBiSea. 90% of issued tokens are placed on smart contract [**account**](https://bscscan.com/address/0x1Bf12f0650d8065fFCE3Cd9111feDEC21deF6825)**.** Each deal sides can claim part of community OBS tokens to their wallets. This is a way, how platform tokens distributed from project to key people, who create main value of OpenBiSea - active buyers and sellers. **You can use OBS for:** * Vote governance proposals, change platform or strategy. * Add value for your sales/purchases. * Decrease platform commissions. * Long term value adding. After we will pass a high revenue, each auction creator will require a minimal 1 OBS balance on the wallet to create an NFT auction. This is a way to add value for early platform customers and create more value for all OBS holders.