# Multi-Purpose $BWL

The native currency of Blackwater Labs, **$BWL**, is a multi-purposed Token which provides all custodians access to the Blackwater Labs ecosystem. $BWL acts as an integral medium connecting technology and user, rewarding those who participate with exclusive features, cheaper fees and increased market advantage. 

Blackwater Labs will be implementing a **Tiered** **system** to it's technology, rewarding custodians with greater conviction, greater access to the Blackwater Labs ecosystem, incentivizing greater participation in our Token Generation Event.

#### Our Tiered system on Launch (Token Generation Event) will boast the following structure:

### Tier 1 (Highest Tier)

**Eligibility Requirement: Hold over 1,000 $BWL (0.1%)**

Top Tier holders enjoy unrestricted and ungated access to all technology provided by Blackwater Labs. This includes every premium features across all technological assets.

Top Tier holders are eligible for a **20% discount** on any accepted requests built from **The Lab**.<br>

### Tier 2

**Eligibility Requirement: Hold over 500 $BWL (0.05%)**

Transaction Fees:

-M24 (Sniper) - 0.1%

-M16 (Swap Bot) - 0.1%

-Enigma (Mixer) - 0.1%

-Bot creation service - 10% Discount

### Tier 3

**Eligibility Requirement: Hold > 1 $BWL**

Transaction Fees:

-M24 (Sniper) - 0.2%

-M16 (Swap Bot) - 0.2%

-Enigma (Mixer) - 0.2%

-Bot creation service - No discount

### Non-holders

Transaction Fees:

-M24 (Sniper) - 0.5%

-M16 (Swap Bot) - 0.5%

-Enigma (Mixer) - 0.5%

-Bot creation service - No discount

*NOTE: Our Tiered system is fully flexible and will be periodically evaluated to analyse the effectiveness of it's structure, with amendments being made when necessary.*