> For the complete documentation index, see [llms.txt](https://whitepaper.integralayer.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.integralayer.com/usdirl-token-integras-native-token.md). # $IRL Token - Integra’s Native Token The **$IRL (Integra Real Estate Layer)** token is the native utility, settlement, and governance asset of the Integra blockchain. It underpins every transaction, governance decision, and ecosystem interaction, directly tying token utility to real world adoption and value creation. $IRL serves multiple core purposes: * **Gas Fees:** All transactions, from asset issuance to compliance checks, are settled in $IRL, ensuring consistent on-chain demand. * **Staking:** Secures the network through validator staking, with rewards distributed to both validators and delegators. * **Governance:** Grants holders the ability to vote on protocol upgrades, ecosystem funding, network parameters, and module integrations. * **Value Capture:** Integra’s native core products (i.e., Asset Passport, Global Orderbook, Stablecoin) also capture value via $IRL. The majority of high-value activities within Integra’s ecosystem are either token-gated by $IRL holdings or generate protocol fees denominated in $IRL. *** ### **Deflationary & Growth Mechanics** $IRL is designed with a simple, sustainable economic loop: protocol revenues flow back into the token. All revenue generated across Integra's native products: GOB trading fees, gas, Asset Passport issuance fees, and iUSD flows to $IRL through two mechanisms: buy-and-burn, which reduces circulating supply over time, and staking rewards, which compensate validators and long-term participants securing the network. As network activity grows more assets issued, more agents deployed, more trades executed both mechanisms compound. The burn rate scales with volume. Staking rewards attract more validators, which strengthens security, which enables more institutional participation. The exact fee split across revenue streams will be determined by on-chain governance once testnet data provides a validated model. Parameters will be published before mainnet launch.