> For the complete documentation index, see [llms.txt](https://layerflow.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://layerflow.gitbook.io/whitepaper/general-information/usdlayerf-token.md).

# $LAYERF Token

About & Tokenomics of LayerFlow Token

<figure><img src="https://1964861960-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fk974HiGAFTrcCTx9VOOT%2Fuploads%2FxRbiiLXloizllFeEyanz%2FLayerFlow%20Banner.jpg?alt=media&amp;token=1af9b3d9-e1d6-4aae-9cba-44086ad2b0e3" alt=""><figcaption></figcaption></figure>

Our primary utility token is $LAYERF. Users get WBNB for locking $LAYERF coins or liquidity within our smart liquidity routing pools, which provides APY multipliers, governance functions, and discounts.

## $LAYERF Tokenomics:

|               |                      |
| ------------- | -------------------- |
| Token Name:   | LayerFlow            |
| Token Symbol: | LAYERF               |
| Total Supply: | 1,000,000,000 LAYERF |
| Token Tax:    | 0% Tax (BUY/SELL)    |

### wBNB tokens use on LayerFlow

By implementing these wBNB tokenomics, we ensure that users are incentivized to lock their tokens and remove them from the accessible supply. As a result, we minimise long-term $LAYERF sell-pressure while simultaneously stabilising the liquidity supply of our smart liquidity routing pools since users are driven to provide liquidity on a long-term basis.

To convert $LAYERF tokens or any other smart liquidity routing assets to wBNB tokens, there are two options. Users may either stake their $LAYERF tokens for 1 to 30 months and receive the 2x - 5x worth of $LAYERF in wBNB, or they can supply liquidity inside one of our smart liquidity routing pools for 1 to 30 months and receive the locked value at the time of lockup in wBNB.