# Why Swisstronik needs $SWTR?

**Published by:** [Maista999](https://paragraph.com/@gachi/)
**Published on:** 2024-11-12
**URL:** https://paragraph.com/@gachi/why-swisstronik-needs-swtr

## Content

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 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 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 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 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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