WHITENET ($WHITENET)
Last updated
Last updated
WHITENET is intended to be the economic backbone of White Network. Once White Network's mainnet goes live, every transaction, whether it is a simple value transfer, a complex RWA trade, or an on-chain compliance check, will consume WHITENET as gas. Tying execution fees to a single scarce asset lets the protocol meter resources, discourage spam, and align validator incentives with overall security and throughput.
Gas settlement is the core use case, yet WHITENET can support a broader range of functions as the ecosystem matures. Possible roles include:
Validator collateral and staking. Validators (and delegates) could lock WHITENET to produce blocks and earn proportional rewards.
Governance. Future upgrades, treasury allocations, or parameter tweaks may be subject to token-weighted voting. Whether this takes place through direct on-chain proposals or off-chain signaling remains open for discussion.
Ecosystem incentives. Builders, market makers, and RWA custodians may receive WHITENET grants or liquidity programs to bootstrap adoption.
The scope, mechanics, and timelines for any additional features are still under review and could change as legal, technical, and community requirements evolve.
A fair-launch model is planned alongside a public referral program to broaden initial ownership. No WHITENET is currently transferable, and any secondary-market offers should be treated with caution.
WHITENET and WHITE serve distinct layers of the WhiteRock ecosystem. WHITENET anchors the protocol itself as the mandatory gas token, while WHITE lives at the application layer and powers the Global RWA Platform. WhiteRock intentionally separates these functions into two assets so that platform-level trading and governance do not interfere with critical infrastructure or core network economics, keeping the chain and gas fees stable and allowing the RWA platform to evolve its own incentive design, fee structures, and community engagement tools.
WHITENET is not intended to be a regulated financial instrument. Its primary purpose is to secure network functionality as a gas token, and its broader utility remains undetermined pending further development, regulatory assessment, and community feedback. Acquisition of WHITENET does not grant equity, revenue share, or any ownership interest in WhiteRock or its affiliates.
