> For the complete documentation index, see [llms.txt](https://docs.koins.run/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.koins.run/economy/governance-token-gt.md).

# Governance Token (GT)

The Koins Governance Token is located in the Layer 2 Polygon chain. It is an ERC-20 type token with 18 decimal places. The token's name will be revealed later as the metaverse narrative progresses.

Within the game, this token can be used either partially or fully, for the following:

* Registration fee for tournaments
* Cost of Koin breeding (partial use)
* Leasing of koins
* Use of the marketplace

The governance token will not be exclusive to Koins.