$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 holders have the power to influence the BGT delegation structure to validators, vote on key proposals, and drive protocol upgrades. $PAW token can also be staked to give it's stakers power over the validator delegation architecture proportional to the total amount of staked tokens. This democratic process ensures that the protocol evolves in line with the community's interests.

Interactions and uses

• Staking: By staking their $PAW, users will be able to delegate the protocol's BGT to a validator of their choosing in proportion to their stake in the total $PAW staked tokens. In addition all rewards gained by BeraPaw's treasury will be rewarded to the stakers. i.e. $LBGT generated by the liquidity provided by $PAW treasury.

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

• Governance Decisions: The outcomes of $PAW votes dictate the management and enhancement of $LBGT. BearPaw Governance uses these votes to implement changes and ensure the protocol evolves according to the community's preferences.

• Protocol Improvements: Through voting, $PAW holders contribute to the continuous improvement of the BearPaw protocol, ensuring it remains secure, efficient, and aligned with the principles of decentralization.

Supply and Value Proposal

• Supply: Fixed and limited, ensuring deflationary pressure. Total Supply: TBA.

• Utility: Governance, staking for rewards, and deciding validator delegation structure.

• Value Proposition: Tied to the total BGT owned by the BearPaw protocol, driving intrinsic value growth as the protocol expands.

Economic Model

$PAW holders are the owners of BeraPaw treasury, every protocol reward will be directed to it's holders. The value of $PAW is tied to the total BGT owned by the BearPaw protocol. 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, driving up the token's value over time.