> For the complete documentation index, see [llms.txt](https://faqs.thorwallet.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://faqs.thorwallet.org/thorwallet/tgt-token.md).

# TGT token

Utility token

## **What is TGT? (THORWallet Governance Token)**

TGT is THORWallet's utility token. As a token holder, you can unlock special features such as lower trading fees and participate in the governance process.

<figure><img src="https://2798713800-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FctX4O78lmuKNbb22y3kj%2Fuploads%2FwycJrTvpwqTsYjc4f8cZ%2FTwitter%20Graphics%20%20TW-07.png?alt=media&amp;token=c3766b1c-3029-4733-941b-05ad03712126" alt=""><figcaption><p>TGT functionalities</p></figcaption></figure>

### **Multi-Utility Token**

$TGT serves multiple purposes. 50% of the revenue from THORWallet will be used to burn $TGT, reducing its supply and increasing its value.

### **Staking $TGT**

Staking $TGT provides premium benefits within THORWallet, such as free trading (no affiliate fees), the ability to set limit orders, access to multi-wallet options, and more. Additionally, $TGT functions as a governance token, granting you the right to vote on referendums to shape the future of the app.

### **Node Operation**

If our treasury reaches a sufficient size, we plan to run a full THORChain node in Switzerland to further decentralize and strengthen the ecosystem. A portion of the net profits from this operation will be used to burn $TGT.

### **Community Programs & Gamification**

Through gamified missions, we aim to help you stay on top of your finances with token incentives while also fostering community growth.

## **Additional Sources**

[**Tokenomics**](https://docs.google.com/spreadsheets/d/1tQvZFyuRVEDfPQQ5nwb-3wseRWGwBzFZ8-wg73At_gc/edit#gid=0)

[**CoinGecko**](https://www.coingecko.com/en/coins/thorwallet-dex)&#x20;

[**Contract address**](https://etherscan.io/token/0x108a850856db3f85d0269a2693d896b394c80325)<br>
