# rEON ERC-1155 **Eonite Deposits (rEON)** rEON is the “raw” form of Eonite deposits mined within the game. rEON can be used to mint new Colonists and many other future utilities will be implemented as the game evolves. The EON coin is a representative of the value of Eonite deposits in the Shattered EON universe. It undergirds all taxation and commerce, as well as serving as the power source for all technological activities. Use rEON to hire (mint) new Colonists, pay annexation fees when joining the Ai-Lax Pirates, and, as yet undisclosed, in-world elements. rEON is mined by staking your Colonist and Pirate NFTs and is only usable “in-world”. rEON can, however, be refined into EON which is tradable on the open markets, can be used to hire (mint) new Colonists, or purchase the rare and powerful **Amalgam Shards**, **EON liquor: Onosia**, and **much more**. rEON is an ERC-1155 asset and can be traded on OpenSea and other capable platforms along with your NFTs. We did this to ensure that everyone has a chance to play as they wish when it comes to onramps or offramps and strategies. --- # 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://shatteredeon.gitbook.io/shattered-eon/how-shattered-eon-works/reon-erc-1155.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.