# Token The DM3 token is the utility token of the DM3 network. It is used to implement 3 main applications: 1. **Utility** applications in the DM3 network 2. **Governance** for the DM3 protocol 3. **Incentive** for standardization ## Token Standard The DM3 token is designed as an ERC20 token and is deployed on Ethereum, a suitable layer 2, or another EVM chain. Depending on the required use cases, it is bridged to other chains. As a utility token following the provisions of MiCAR regulation [\[9\]](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32023R1114), the token can be traded on centralized and decentralized exchanges. This is necessary, among other things, because users must be able to obtain tokens to perform certain network functions or participate in governance processes. --- # 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://whitepaper.dm3.network/dm3-token/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.