# Why Swisstronik needs $SWTR?

By [Maista999](https://paragraph.com/@gachi) · 2024-11-12

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Greetings everyone, today I want to explain you why $SWTR token will be important for Swisstronik's mainnet, how it will be used and you will understand that skipping pre-sale was a big mistake.

In general, $SWTR will have three key usages - Staking, Governance and Gas Consumption. Also there will be three types of this token depending on standarts - Native $SWTR, Swisstronik-typed (PERC-20) and Ethereum-typed (ERC20).

Staking
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![](https://storage.googleapis.com/papyrus_images/81ac84a9adff275f33925b90cdd81866cacd104d0063e4b40f5add4a2d22cbee.jpg)

To maintain the security and stable operation of a blockchain based on Proof-of-Stake, SWTR staking is used. This process involves holding and blocking coins to ensure the reliability of the network, protect it from threats, and maintain continuous operation.

Governance
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![](https://storage.googleapis.com/papyrus_images/7e1eaea25cf69b38da5b97dafc2cf03d98b8fd9d4b708d58fc50d06874870846.jpg)

As a governance token, SWTR gives holders the opportunity to participate in decision-making for the ecosystem by proposing changes or improvements and voting on them.

Gas Consumption
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![](https://storage.googleapis.com/papyrus_images/a51d30f23c6beff326c635c2698707a9a8e2c66aa914422d5c7fe23006700f7d.jpg)

This token is also used as gas to run smart contracts on EVMs. $SWTR allows users to interact with decentralized applications and execute transactions in the Swisstronik ecosystem. In theory, it should reduce gas cost too.

Conclusion
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So $SWTR with its main features looks super bullish. There was already one public pre-sale, where people had an opportunity to buy it for 0.45$ per token. Maybe it will be one more, who knows?

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*Originally published on [Maista999](https://paragraph.com/@gachi/why-swisstronik-needs-swtr)*