The currency of Grape Chain

GRP is the native currency on Grape Mainnet. It pays gas for transactions and contract execution, moves between accounts, and supports validator self-bonding. It has 18 decimals and a 10,000,000 GRP supply cap.

Native GRP does not have an ERC-20 contract address on Grape. A compatible wallet reads it as the network’s native balance. For the separate BSC representation, use the token identity reference.

Where GRP is useful

  • Pay network fees for transfers, tokens, NFTs, names, and other contracts.
  • Register on-chain names through Grape Domains.
  • Bond as a validator candidate under the network’s participation rules.
  • Use GRP in applications that explicitly support it.

Future ecosystem utility includes a principal earn-and-use currency in Kaldaran and GRP-based discounts in Daxly. These are planned integrations, with their own release terms.

Supply versus circulation

A supply cap is not the same as the number of coins actively circulating. Tokens held in reserves, bridge backing, or locked positions must be distinguished from spendable balances. The bridge is designed to move the same economic units between BSC and Grape at 1:1 while locking the opposite representation.

Validator fee rewards redistribute collected fees. They should not be confused with a promise of newly minted GRP or guaranteed investment returns. Read how supply is conserved for the cross-chain model.