# Tokenomics

GoWrap's platform features an exclusive token, $GWGW (BRC20), with a total supply of 2.1 billion. This token plays a central role in the GoWrap ecosystem, offering several utilities and benefits to its users. Notably, these $GWGW tokens can be seamlessly converted to BEP20 tokens on a 1:1 basis using the GoWrap Bridge.

#### **Utility**

The $GWGW token within GoWrap serves multiple purposes, enhancing user experience and offering benefits across the platform:

* **GoSniper Access**: Pay $GWGW to access the GoSniper feature for instant inscription purchases.
* **Discounted Platform Fees**: Paying platform fees (like bridge, swap, lend fees) with $GW entitles users to significant discounts, potentially as low as 50% off.
* **Staking $GWGW**:
  * **Launchpad Participation**: Staking $GWGW grants access to higher quotas in Launchpad events, offering enhanced investment opportunities.
  * **Yield Enhancement**: By staking $GWGW in the Yield feature, users can provide liquidity and earn boosted rewards, further incentivizing participation.
* **Governance**: $GWGW holders can vote on key platform decisions, including fee structures, functional improvements, revenue distribution, and assets to be listed on the Launchpad.
