> For the complete documentation index, see [llms.txt](https://blackwater-labs.gitbook.io/blackwaterlabs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://blackwater-labs.gitbook.io/blackwaterlabs/itinerary/multi-purpose-usdbwl.md).
# 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**.
### 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.*
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