# DER Token

$DER is the governance token of the DeriW platform. The four main uses of the $DER token are governance, fee discounts and pledges to verify the pledge function of the DeriW public chain.

## Token Information

### DER Token Address

Arbitrum:

### DER Token Supply

Current Supply: 200 million $DER

The supply of DER can be viewed on the \<DASHBOARD链接>Dashboard.

### Allocation Plan

* 5% of the tokens are allocated to liquidity and used to form LP with ETH in uniswap as primary liquidity.
* 20% of tokens allocated for Airdrop Rewards.&#x20;
* 5% token Chain node staking reward.&#x20;
* 5% of the tokens are allocated to the VC round (10% will be released at the opening, and the remaining will be locked for one year and released in the next 12 months).&#x20;
* 10% of the tokens are allocated to the founding team (locked for one year and released within 36 months).&#x20;
* 28% of tokens allocated for staking rewards (long-term release)&#x20;
* 27% of tokens allocated to the DAO committee governance.

### Buying DER

Steps to purchase DER can be found on the Buy \<TRADING链接> page.

For more information on Escrowed DER and Multiplier Points please see the [Rewards](/tokenomics/rewards.md) page.

DER can be staked using the Earn \<EARN链接> page.

## Staked DER Token Address <a href="#staked-gmx-token-address" id="staked-gmx-token-address"></a>

After staking DER you will receive a Staked DER token. Note that the balance for this token will return your total staked amount including any esDER tokens and Multiplier Points.

* Arbitrum:&#x20;

### Bridging <a href="#bridging" id="bridging"></a>

Bridging assets to Deriw involves a multi-step process across different layers of blockchain technology:

1. **From L1 to L2 (Ethereum to Arbitrum):** Users will first bridge their assets from Layer 1 (L1) Ethereum to Layer 2 (L2) Arbitrum. This step involves moving their assets from the Ethereum mainnet to the Arbitrum network, which is a Layer 2 scaling solution built on top of Ethereum.
2. **From L2 to L3 (Arbitrum to Deriw Chain):** After their assets have been bridged to Arbitrum, they will then proceed to bridge them from Layer 2 (L2) Arbitrum to Layer 3 (L3) Deriw Chain. This step involves transferring their assets from the Arbitrum network to the Deriw Chain, which is a separate blockchain network built on top of Arbitrum and Ethereum technology.&#x20;


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