# Token utility

## Utility benefits

### Off-chain:

#### Payment unit

$PNL can be used as means of payment in the collateral commission pool and allow users to receive significant discounts. All paid tokens are being burned.&#x20;

PNL can also be used to participate in Public Sales on TruePNL Launchpad.&#x20;

### **Staking**&#x20;

**Features of Staking of $PNL tokens:**&#x20;

* [PNLg rewards for $PNL stakers](/project/pnlg-points.md)
* APY rewards in PNL tokens
* Fee reduction for using the [TruePNL products](/product/launchpad.md). TruePNL prime subscription (free access to the basic products).&#x20;
* Lending and farming of $PNL tokens with the opportunity to redeem the staked funds at any moment – **coming soon.**

### On-chain:

The TruePNL protocol is going to be built on Web 3.0 utilizing the Polkadot substrate.&#x20;

$PNL token is planned to be used in:&#x20;

* Fee reduction for DeFi products utilizing the TruePNL protocol&#x20;
* Liquidity staking in DeFi products&#x20;


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