> For the complete documentation index, see [llms.txt](https://l4va-team.gitbook.io/l4va-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://l4va-team.gitbook.io/l4va-docs/relics-of-magma-nfts/usdvlrm-utility.md).

# $VLRM Utility

## $VLRM Utility <a href="#vlrm-utility" id="vlrm-utility"></a>

​**1. Spend to Mint and Upgrade Relics NFTs**: $VLRM can be spent to mint new Relics of Magma NFTs.&#x20;

**2. $L4VA Presale Access**: Complete

**3. Key to L4VA Vault Creation**: In order to create a vault on the L4VA Protocol, the creator must lock an amount of VLRM in the Vault until the vault is finally terminated. *The amount of VLRM required to be locked in vaults is dynamic and subject to change over time based on demand.*&#x20;

**4. Deflationary Burns:** $VLRM locked in vaults is automatically burned when vaults are terminated reducing the supply of circulating $VLRM token with adoption of the protocol.

**5. Vault Creator $L4VA Rewards**: Vault creators stand to benefit by reaping up to 20% of all $L4VA Rewards bestowed upon the vault, weighted by vault driven protocol activity over the previous 30 day period.

**6. Staking:** Users can receive yield in $VLRM on their staked supply.&#x20;

**7. Alignment bonuses:** By Staking 20,000 $VLRM on the protocol, users are eligible for alignment bonuses of $L4VA rewards [Alignment Bonuses ($L4VA)](/l4va-docs/l4va-protocol/protocol-overview/alignment-bonuses-usdl4va.md).