> For the complete documentation index, see [llms.txt](https://docs.rwa.vip/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.rwa.vip/v.-rwa-token-explanation.md).

# V. RWA Token Explanation

The tokens issued in the RWA Ecosystem protocol, called RWA, are minted-based and do not have a fixed total supply. The issuance is based on market supply and demand, and no pre-sale token fundraising is planned before the official launch.

RWA Launch Phase Blockchain: <mark style="color:blue;">**BSC Chain**</mark>

RWA Subsequent Upgrade: <mark style="color:blue;">**Global mainnet**</mark>

RWA Token Trading Rules：

* *<mark style="color:blue;">**Transaction Fees:**</mark>* &#x20;
  * Buy: 0% &#x20;
  * Sell: 5%
* *<mark style="color:blue;">**Fee Distribution:**</mark>* &#x20;
  * 2%: Ecosystem Operations and Development &#x20;
  * 1.5%: Marketing Rewards &#x20;
  * 1.5%: Partner Dividends