> For the complete documentation index, see [llms.txt](https://docs.railgun.org/wiki/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.railgun.org/wiki/rail-token/rail-token-overview.md).

# RAIL Token Overview

RAIL is the RAILGUN Protocol's security token. Holding RAIL is not necessary to use the privacy system nor does holding RAIL provide privacy.&#x20;

RAIL is a standard ERC-20 token deployed to Ethereum. RAIL liquidity can be found on Sushiswap and Uniswap, with aggregated routing available through [Matcha.](https://matcha.xyz/)​

​[Stake RAIL](https://governance.railgun.org) to secure the protocol and collect security rewards.

RAILGUN on Polygon and BSC have their own independent governance systems & tokens which are separate from the system on Ethereum.&#x20;

RAILGUN on Arbitrum is secured by staked RAIL on Ethereum.

### Contract Addresses

**Ethereum - RAIL**: 0xe76c6c83af64e4c60245d8c7de953df673a7a33d

**BNB Smart Chain - RAILBSC:** 0x3F847b01d4d498a293e3197B186356039eCd737F

**Polygon - RAILPOLY:** 0x92A9C92C215092720C731c96D4Ff508c831a714f
