# $GP

Duels Arena’s native token $GP is an ERC20-compliant cryptographic token that can be traded on the Ethereum blockchain just like Ethereum. It is both a Duels Arena platform currency and an independent store of value.

Using native tokens for in-game transactions allows us to lower costs on transaction fees, keeping them at the bare minimum.

## Token Utility

$GP is the cornerstone of the game's economy, acting as the key currency for transactions and activities. Our aim is to foster a token ecosystem where the native token, $GP, is sustainable and fully backed by its in-game utility. Here’s how it integrates into the game:

* Players can stake $GP in one-on-one duels within the Arena, with the chance to double their stake or earn additional Arena Points, thanks to a multiplier effect on winnings.
* The in-game marketplace operates exclusively on $GP, enabling players to exchange in-game assets.
* Players can also use $GP tokens to purchase Arena Points, which can be used to enhance the gameplay
* Players can stake $GP tokens to receive Energy Potions or other in-game NFT

This approach creates a vibrant, token-driven game world where engaging in the ecosystem’s varied activities promotes player growth and progress.\


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