# TGT 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="/files/Qr9NM7jGe3AofTFFGO1u" 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>


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