# Governance token:TPOS

In the Magic Academy, the circulation settlement voucher here is a magical stone rich in the mountains outside the Magic Academy! TPOS is the core governance token of the project and an abbreviation of The Philosopher's Stone. The energy of the Philosopher’s Stone is easily dissipated, and it is prone to loss in transactions and transmissions. Therefore, the transfer operation of TPOS will cause a loss, which makes TPOS even more scarce.

Token name: TPOS

Chain: Binance Smart Chain (BEP20)

### TPOS Supply

The current supply of TPOS tokens is 2.1 million. But this ≠ tokens always remain inflationary. With the growth of the Sorcerer's Stone ecology and business, the user's demand for TPOS exceeds the supply, and the large-scale use of TPOS, TPOS will enter a deflationary state.

### TPOS token function and value capture

TPOS is the governance token of the Sorcerer's Stone community, and it has also been given various functions. With TPOS, you will get the following values:&#x20;

1.Participate in pledge mining&#x20;

2.You can use TPOS to buy various NFTs in the magic shop Governance

3.After the DAO module is online, it can be used for proposals and voting


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