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description: Find everything you need to know about FETCH.
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# The FETCH Token

Fetch Oracle has its own native PRC-20 token known as the **FETCH** token.&#x20;

FETCH plays a key role in the Fetch Oracle ecosystem, as the token is used as an incentive to financially reward users who:

* [Stake](staking) their existing FETCH tokens.
* [Report ](../reporting-data/how-to-report-data)accurate information.
* [Dispute](../votes-and-disputes/disputing) incorrect information.

The FETCH token was built and deployed on immutable code, with an initial supply of 5 billion tokens followed by a fixed 5% annual inflation rate.

In order to maintain this inflation rate, the number of tokens added to the total supply is increased slightly each year.&#x20;

This inflation is distributed to active participants in the network:

* **60% is allocated to data reporters** who provide accurate data.
* **40% is distributed to all stakers**. Since all reporters must stake FETCH to participate, they also receive a share of this allocation.

This dual incentive structure ensures that reporters benefit from both submitting data and securing the protocol through staking.

The exact release schedule can be viewed on line 30 of the [FETCH token smart contract](https://scan.v4.testnet.pulsechain.com/#/address/0xC0573e2Fc47B26fb05097a553BBfcf0166bada0A?tab=contract).
