# GFI Token {% hint style="info" %} The [contract address](https://etherscan.io/token/0xdab396ccf3d84cf2d07c4454e10c8a6f5b008d2b) for GFI is `0xdab396cCF3d84Cf2D07C4454e10C8A6F5b008D2b.` {% endhint %} The Goldfinch Protocol's core native token is GFI, and it is used for the following purposes: * *Community Governance:* GFI is the token used for Community Governance*.* GFI holders can participate in governance to decide the direction of the protocol. [Learn more about Governance here](/goldfinch/goldfinch-v1/governance.md). * *Participant Incentives:* All participants receive ongoing rewards to incentivize their participation. This includes liquidity mining for Liquidity Providers who supply to the Senior Pool. Learn more about Investor Incentives [here](/goldfinch/goldfinch-v1/protocol-mechanics/investor-incentives.md), and Staking [here](/goldfinch/goldfinch-v1/protocol-mechanics/staking.md). * *Community Grants*: The community can provide grants and/or bounties to participants that meaningfully contribute to the Goldfinch protocol and ecosystem. According to the whitepaper, GFI will also serve the following functions. These are not live yet, but it is expected that the community will introduce and vote on proposals for them in the coming months: * *(More) Participant Incentives:* Backers who both supply to Borrower Pools and stake on other Backers, Auditors who stake to participate in votes, and Borrowers who successfully repay their pools. * *Backer Staking*: Backers can stake their GFI tokens on other Backers in order to give them additional leverage when participating in Borrower Pools. This GFI also serves as a backstop against potential loan defaults. * *Auditor Votes:* Auditor votes are required to grant Borrowers permission to borrow from the protocol, and Borrowers pay for these votes with the GFI token. * *Auditor Staking:* Auditors stake the GFI token in order to be selected to participate in Auditor Votes. You can learn more about the GFI distribution parameters and inflation in the [Tokenomics section](/goldfinch/goldfinch-v1/tokenomics.md) of the documentation. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.goldfinch.finance/goldfinch/goldfinch-v1/protocol-mechanics/gfi-token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.