> For the complete documentation index, see [llms.txt](https://docs.dtravel.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dtravel.com/papers/trvl-token-economics/impact-of-trvl-utility-and-token-model.md).
# Impact of TRVL Utility and Token Model
The three pillars of TRVL utility generate strong demand for TRVL, whereas the token model is designed to reduce the circulating supply of TRVL.
Discounted fees, rewards, and the possibility to vote to approve grants and choose the protocol and tokenomics parameters create demand for TRVL and encourage growth in fee-paying users.
The buyback removes TRVL from the market, reducing the circulating supply. Recyclable burning makes it harder for TRVL to be brought back into circulation by locking it. The staking vaults encourage users to keep their TRVL holdings out of circulation.
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