> For the complete documentation index, see [llms.txt](https://whitepaper.lendr.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.lendr.fi/products/rwal-governance-token.md).

# RWAL - Governance Token

## What Is RWAL?

RWAL is the **governance and utility token** that gives the community new ways to participate in the Lendr Protocol. Holders can:

* **Vote** on protocol upgrades, new vault listings, and fee parameters.
* **Backstop** – in extreme events, a portion of staked RWAL can recapitalize vaults after the SAFU Insurance fund.
* **Earn** - In exchange for insuring the protocol, stakers earn a share of all RWA performance fees.

## Token Economics

| Metric           | Value                            |
| ---------------- | -------------------------------- |
| **Total Supply** | 1,000,000,000 RWAL (hard‑capped) |

<figure><img src="/files/dId0mSfbFQPpLz5Qkdz3" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/LaZ9rvo7Fu80Uj3yJM9i" alt=""><figcaption></figcaption></figure>

These tokenomics are subject to change, for a more detailed breakdown visit: [RWAL Tentative Tokenomics](https://docs.google.com/spreadsheets/d/1aro-xJkOpTC6lrQRTypyU85iw6pIa200vYKAE3qjFeU/edit?gid=103958638#gid=103958638)

## Staking RWAL

<table><thead><tr><th width="71.22216796875">Step</th><th width="258.3463134765625">Action</th><th>Result</th></tr></thead><tbody><tr><td><strong>1</strong></td><td>Deposit RWAL into the xRWAL  vault</td><td>Receive xRWAL shares at current price‑per‑share.</td></tr><tr><td><strong>2</strong></td><td>Vault auto‑harvests fees</td><td>Performance fees from all LsRWA vaults swap to RWAL and raise share‑price.</td></tr><tr><td><strong>3</strong></td><td>Unstake anytime</td><td>Burn xRWAL → receive RWAL + accrued fees.</td></tr></tbody></table>

Note: Staking represents insuring the protocol for emergency situations, and users are rewarded for participating.&#x20;

## Contract Addresses

The RWAL token code is now public and can be found here: <https://github.com/Lendr-Network/RWAL-Token>

The code is currently being audited by our security partner Quantstamp, a top 5 web3 auditing firm: <https://quantstamp.com/>

| Chain     | $RWAL       | xRWAL Vault |
| --------- | ----------- | ----------- |
| Ethereum  | `0x…` (TBA) | `0x…`       |
| BNB Chain | `0x…`       | `0x…`       |
| Avalanche | `0x…`       | `0x…`       |


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## 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, and the optional `goal` query parameter:

```
GET https://whitepaper.lendr.fi/products/rwal-governance-token.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

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.