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Copy file name to clipboardExpand all lines: docs/learning-lit/pricing/payment-model.mdx
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@@ -8,7 +8,7 @@ Lit Protocol uses a token-based payment system to ensure the decentralized netwo
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### Token Deposit System
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To use Lit Protocol's services, you must first load tokens into the **Ledger Contract** on Lit Chain. This contract acts as a prepaid account that holds your $LITKEY tokens and automatically deducts fees as you use the network.
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To use Lit Protocol's services, you must first load tokens into the **Ledger Contract** on Lit Chain. This contract acts as a prepaid account that holds your [$LITKEY](/governance/litkey/overview) tokens and automatically deducts fees as you use the network.
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### Dynamic Pricing Model
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### Pricing in $LITKEY Tokens
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All services on Lit Protocol are priced in **$LITKEY tokens**, the native token of Lit Chain. When you use network services such as:
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All services on Lit Protocol are priced in **[$LITKEY](/governance/litkey/overview) tokens**, the native token of Lit Chain. When you use network services such as:
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-**PKP Signing**: Generating signatures with your Programmable Key Pair
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-**Encrypted Signing**: Signing with encrypted keys
The network automatically deducts the appropriate amount of $LITKEY tokens from your ledger balance based on the current dynamic price.
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The network automatically deducts the appropriate amount of [$LITKEY](/governance/litkey/overview) tokens from your ledger balance based on the current dynamic price.
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### Automatic Deduction
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To start using Lit Protocol's paid services:
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1.**Acquire $LITKEY tokens** - [Get tokens](/governance/litkey/getting-litkey) from exchanges or other sources
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1.**Acquire [$LITKEY](/governance/litkey/overview) tokens** - [Get tokens](/governance/litkey/getting-litkey) from exchanges or other sources
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2.**Set up Payment Manager** - Configure your payment system using the [Payment Manager Setup Guide](/sdk/getting-started/payment-manager-setup)
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3.**Deposit tokens** - Load tokens into the ledger contract
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4.**Use the network** - Start making requests; tokens will be deducted automatically
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