# Token

$OGPU is the native currency of the OpenGPU Blockchain and serves as the gas for all transactions on the blockchain.

## Transaction Fees

$OGPU is required to pay gas fees for all blockchain transactions, which helps maintain network security and prevents spam attacks.

## Task Payments

$OGPU functions as the default payment currency for computational task payments within the network, creating a unified system for all participants.

## Staking

Network participation requires staking $OGPU:

* **Providers** stake $OGPU to demonstrate credibility and accountability when offering computational resources and executing tasks
* **Clients** stake $OGPU to establish the legitimacy and security of their tasks

This mechanism ensures all participants have a vested interest in maintaining the network's integrity and reliability.

## Network Security

Staking creates economic incentives for honest behavior and protects against malicious actors. Participants risk losing staked $OGPU if they act against network interests.

Validators play a crucial role by validating transactions and maintaining consensus. Their staked $OGPU serves as collateral that can be slashed for malicious behavior or network violations.

## Cross-Chain Representation

$OGPU also exists as an ERC-20 token on Ethereum. This is a wrapped representation of the native coin—similar to how WETH wraps ETH or WBTC wraps BTC. The Ethereum token enables interoperability with the broader ecosystem while the native coin remains the canonical asset on OpenGPU Blockchain.

Users can bridge between the two representations via [chainchangers.app](https://chainchangers.app/).

## Coin Information

* **Symbol**: $OGPU
* **Type**: Native coin (fair launch)
* **Ethereum**: ERC-20 wrapped token
* **CoinMarketCap**: [coinmarketcap.com/currencies/open-gpu](https://coinmarketcap.com/currencies/open-gpu/)


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