# $ARENA Token Fund The $ARENA Token Fund is what backs the value of the $ARENA token. It remains stability because the $ARENA token is backed by $BUSD. At every buy and sell transaction fees will be paid (instantly converted to stable coin) that will go into the ATF. The ATF will also be the buy-back mechanism for $ARENA tokens. If a holder wishes to redeem their $ARENA, they can do so for 75 % of the $ARENA Backed Value (ABV) of the coin. \ \ The ABV is equal to the ATF / 10,000, with 10,000 tokens being the hard cap of $ARENA. The ATF will begin at $100,000 setting a base floor of ABV at $10 prior to public launch. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://battlestakes.gitbook.io/whitepaper/protocol-specific-functionality/usdarena-token-fund.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.