$PAW

BeraPaw Governance Token

The Governance token of the BearPaw protocol plays a crucial role in the $LBGT delegation process and overall protocol governance. $PAW token can be staked to influence the validator delegation structure, vote on chain proposals and receive protocol rewards. This democratic process ensures that the protocol evolves in line with the community’s interests.

Interactions and Uses

• Staking: Users are required to stake their $PAW tokens to receive stPAW in order to have any use within BerPaw protocol. Through $PAW, users will be able to delegate the protocol’s BGT to a validator of their choosing, vote on chain proposals and influence BeraPaw governance. In addition rewards generated by BeraPaw will be rewarded to the stakers.

• Rewards: By staking $PAW users will receive a constant stream of rewards generated by BeraPaw operations.

• Protocol Governance: $PAW stakers can vote on proposals and decisions within BearPaw Governance. These votes shape the future direction of the protocol and guide its improvements.

• Chain Governance: $PAW stakers are able to decide on how the protocol will vote on the chain governance with the underlying BGT.

Supply and Value Proposal

• Supply: Limited, ensuring deflationary pressure. Total Supply: 100,000,000.

• Utility: Staking Rewards, Protocol Governance, Chain Governance, Validator delegation structure.

• Value Proposition: Tied to the total BGT held by BeraPaw, the growth of BeraPaw will drive the intrinsic value of $PAW up.

Economic Model

$PAW stakers are the owners of BeraPaw. The value of $PAW is tied to the total BGT held by the BeraPaw protocol, the amount of rewards being streamed, governance power and delegation power. As the protocol accumulates more BGT through various mechanisms the intrinsic value of $PAW increases, benefiting all $PAW holders. Additionally, $PAW is a deflationary token because of it’s limited supply so holders are protected from potential dilutions.