# About PEG

The Pepe Governance Token (PEG) embodies the strategic investment decisions of Pepe's Game. Holders of PEG, when staked or locked, enjoy a wide range of [benefits](benefits).

As Pepe's Game's native utility token, PEG is built on the OFT-20 standard, leveraging [Layer Zero Labs](https://layerzero.network/)’ omnichain fungible token (OFT) solution for seamless cross-chain token transfers.&#x20;

With LayerZero's assurance of valid delivery, PEG is burned on its source chain and subsequently minted on the destination chain. This adaptability empowers Pepe's Game to dynamically pivot its investment strategies across different chains, staying agile in the rapidly evolving DeFi ecosystem.
