# Overview

<figure><img src="https://3477739270-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHezVtVQCvZDHskC4M04Z%2Fuploads%2FEz9sBVj3UPhbvg83HtFd%2Ftwn_token.svg?alt=media&#x26;token=9f26bcab-5827-4291-8c53-0efdd1581b98" alt="TWN token: The native utility token powering the TWN Labs ecosystem" width="375"><figcaption></figcaption></figure>

TWN (pronounced "twin") is the native utility token of the platform. It has a fixed total supply of 1 billion tokens with six decimal places and no inflation mechanism.

**Launch and acquisition:**

TWN will launch via a bonding-curve sale on [Pump.fun](https://pump.fun) with no whitelist or private sale. At token generation (TGE), the team will purchase on the public bonding-curve targeting 20% of total supply (200,000,000 TWN). These purchased tokens will be immediately locked and vest linearly over six months with monthly unlocks distributed to program wallets at a 50% Treasury / 35% Community / 15% Developer split.

**Revenue conversion and distribution:**

Platform revenues from iNFT mints are collected in SOL and converted to TWN monthly using TWAP/DCA execution via [Jupiter](https://jup.ag):

<figure><img src="https://3477739270-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHezVtVQCvZDHskC4M04Z%2Fuploads%2FoVilngNzWK35iImCLpVW%2Ftwap_execution_slippage_guard.png?alt=media&#x26;token=3d7b095f-e4b7-4a5f-858e-e54eac25e296" alt="Time-Weighted Average Price execution splits large SOL→TWN conversions into smaller trades  over time, reducing market impact. The slippage guard ensures actual execution price stays  within tolerance (ε) of the reference price, protecting against unfavorable fills." width="563"><figcaption></figcaption></figure>

The resulting TWN is distributed to program wallets following the same 50/35/15 split. All conversion routes, transaction hashes and wallet distributions are published in monthly [transparency reports](https://github.com/twnlabs/transparency) with checksums and full reconciliation data.

**Wallet purposes:**

* **Treasury:** Infrastructure, hosting, audits, security, custody, marketing, legal compliance, emergency reserves and strategic liquidity support.
* **Community:** iNFT holder rewards, in-app rewards, community activations, grants, games, giveaways and governance participation.
* **Developer:** Core team compensation, contributor bounties, R\&D, maintenance and training.

Program wallets operate via 2-of-3 multisig using [Squads Protocol](https://squads.so); timelock controls apply to non-spending iNFT identity and transfer operations.