# What is the Duet Token

<mark style="background-color:purple;">Name (SYMBOL):</mark> <mark style="color:purple;">**Duet Governance Token (DUET)**</mark>

<mark style="background-color:purple;">Binance Smart Chain contract address</mark>: <mark style="color:purple;">**0x95EE03e1e2C5c4877f9A298F1C0D6c98698FAB7B**</mark>

**DUET** token is not only the governance asset of the project but also plays an important role in the components. The intention of the design is to balance user incentives and support the medium and long-term development of the protocol. After the main function of the Duet is launched, **DUET** can be used as an important collateral asset for minting synthetic assets, and also can adjust the capital utilization level and collateral ratio.


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