> For the complete documentation index, see [llms.txt](https://docs.machi.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.machi.xyz/getting-started/quickstart.md).

# What is MACHI?

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MACHI token is powered by [Baseline](https://docs.baseline.markets/), an exchange for creating tokens that grow in value through automated tokenomics.
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MACHI token [0x010392305558d58e1Cb0Eec5529a65bf3545f82e](https://app.baseline.markets/trade/0x010392305558d58e1Cb0Eec5529a65bf3545f82e)

* [MACHI has a guaranteed floor price](/basics/guaranteed-floor-price.md)
* [You can loop or borrow with MACHI](/basics/editor.md)
* [Automated Afterburner tokenomics](/basics/automated-afterburner.md)

### Afterburner

MACHI has a smart contract that randomly executed leveraged buybacks, starting with 1,000,000 USDB. Almost 20% of MACHI market cap is guaranteed latent demand. ([more details](/basics/automated-afterburner.md))

### Baseline Value

MACHI has a minimum value backed by on-chain liquidity. Anyone can verify that there is enough liquidity at all times to back this value. The closer you buy at BLV, the better your risk reward: your downside is limited, but your upside is not. ([more details](/basics/guaranteed-floor-price.md))