# GEOD Token Introduction

GEOD is the utility token for the GEODNET network. It is used to reward people who have installed quality GEODNET Base Stations (Statellite Miners). It is also used as an utility token to pay for GEODNET RTK data service, as well as participating in project governance. 

## Multi-Chain

<figure><img src="https://1198063627-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F17b3S6vQzTmJA9I9ddAG%2Fuploads%2F3QYlYiZmMGbSvqOaMQdi%2Fimage.png?alt=media&#x26;token=5b23c24e-fd90-429c-a0cd-0384e7ca6b99" alt="" width="125"><figcaption></figcaption></figure>

GEOD tokens are available as ERC-20 token based on Polygon blockchain.

Smart Contract Address on Polygon: [0xac0f66379a6d7801d7726d5a943356a172549adb](https://polygonscan.com/address/0xac0f66379a6d7801d7726d5a943356a172549adb)\
GEOD tokens can be traded on Centralized Exchanges (CEX) on [Gate.io](https://www.gate.io/) and [MEXC](https://www.mexc.com/), and Decentralized Exchanges (DEX) such as [QuickSwap ](https://quickswap.exchange/#/)and [UniSwap](https://uniswap.org/). Current available trading pairs are GEOD/USDT, GEOD/MATIC, and GEOD/USDC.

<figure><img src="https://1198063627-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F17b3S6vQzTmJA9I9ddAG%2Fuploads%2FdhMUY9jdATE37sO9aS4e%2Fimage.png?alt=media&#x26;token=60f0eac2-1acb-42eb-acd9-5bfd2f7a0c66" alt="" width="125"><figcaption></figcaption></figure>

Following the successful approval of [GIP3](https://vote.geodnet.com/proposal-list?id=GIP885291719988428966), GEOD tokens are now available as SPL token based on Solana blockchain with the Wormhole NTT (Native Token Transfer) framework.

GEOD token address on Solana: \
<https://solscan.io/token/7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu>

Trading pairs for GEOD/SOL are active on [Orca](https://www.orca.so/?tokenIn=So11111111111111111111111111111111111111112\&tokenOut=7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu), [Raydium](https://raydium.io/swap/?inputMint=sol\&outputMint=7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu), and [Jupiter](https://jup.ag/swap/SOL-7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu).

Please see [Crosschain between Polygon and Solana ](https://docs.geodnet.com/geod-token/crosschain-between-polygon-and-solana)to learn how to bridge your GEOD tokens.

<figure><img src="https://1198063627-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F17b3S6vQzTmJA9I9ddAG%2Fuploads%2FZMVTIENGCyf2SGzqr1uj%2Fimage.png?alt=media&#x26;token=af372787-bb6e-470a-9a27-20fb0f5cf83f" alt="" width="125"><figcaption></figcaption></figure>

GEOD tokens are also available on IoTex blockchain.

Smart Contract Address on IoTeX: [0x8e33229206f726993e4a7bf7da2347f3743bf8b4](https://iotexscan.io/token/0x8e33229206f726993e4a7bf7da2347f3743bf8b4)

IOTX/GEOD trading pair is active on [Mimo](https://mimo.exchange/swap?inputCurrency=IOTX\&outputCurrency=0x8e33229206f726993e4a7bf7da2347f3743bf8b4).