# Token WLGOLD

* The token is created on the Waves blockchain.
* **Asset ID:** 7E26JWe8XYXf4jNxH7CDAdFUjTg5fCTChHoCuZmfUoy1
* Initial emission: 1,000,000 WLGOLD tokens
* WLGOLD is used as a liquidity index.
* The price is calculated based on the app's assets (TVL) and the number of WLGOLD tokens issued.

<figure><img src="https://content.gitbook.com/content/YOajnZwhds1tyqzJXoqr/blobs/jWe2NjgLF2FEv9w17fg9/image.png" alt="" width="375"><figcaption></figcaption></figure>

### **Initial Distribution of WLGOLD**

* 10% - DAO investors (outright)
* 10% - market making and pool creation (outright)
* 10% - marketing (within 1 year)
* 20% - team (within 3 years)
* 10% - game activities (within 3 years)
* 40% - staked lands (within 3 years)

### WLGOLD Issuance and Burning

* An additional 10 WLGOLD are issued daily, distributed as follows:
  * 80% staked [ACRES](https://docs.waveslands.com/fundamentals/tokenomics/token-acres)
  * 10% marketing and gaming activities
  * 10% team
* As part of arbitrage, additional issuance and burning of WLGOLD tokens is possible
* When [ACRES ](https://docs.waveslands.com/fundamentals/tokenomics/token-acres)tokens are sold for USDT in the app, TVL increases, and an equivalent amount of WLGOLD is burned according to the current index price.

### How to Obtain WLGOLD

* Through staking [ACRES ](https://docs.waveslands.com/fundamentals/tokenomics/token-acres)tokens
* Buy via [arbitrage ](https://docs.waveslands.com/fundamentals/arbitrage)in the app
* Buy on [PuzzleSwap](https://puzzleswap.org/trade?asset0=9wc3LXNA4TEBsXyKtoLE9mrbDD7WMHXvXrCjZvabLAsi\&asset1=7E26JWe8XYXf4jNxH7CDAdFUjTg5fCTChHoCuZmfUoy1)
* Buy on [WX.network](https://wx.network/trading/spot/7E26JWe8XYXf4jNxH7CDAdFUjTg5fCTChHoCuZmfUoy1_USDT-ERC20)