# 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…`       |


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