# 4.2. WFT Usage & Burning of Tokens

As mentioned above, WFT is primarily produced through mining. Correspondingly, WFT is used and consumed in the following scenarios:

&#x20;<mark style="color:yellow;">WinFi Fund:</mark>

&#x20;  WinFi uses this contract to force gamblers who lose money to buy 20% of it as WFT and lock it up, making it the longest and most stable WFT holder in the entire market.

&#x20; <mark style="color:yellow;">Withdrawal fee:</mark>

&#x20;  Players who withdraw money from the WinFi centralized wallet must pay a 1% fee, which is eventually valued and accumulated in WFT and regularly destroyed.

&#x20;<mark style="color:yellow;">NFT transaction fee:</mark>

&#x20;  Players who trade NFTs in WinFi charge a one-way fee of 2.5% to the seller, which is ultimately valued and accumulated in WFT and regularly destroyed.

&#x20; <mark style="color:yellow;">Income contract fee:</mark>

&#x20;  Users are required to pay a 5% handling fee when withdrawing income from pledge contracts and dividend contracts. Among them, 2.5% is regularly destroyed, and the other 2.5% is used as operating expenses for the operating team.

&#x20; All three types of handling fees for WinFi mentioned above are regularly destroyed until 10.5 million WFTs are destroyed. During the project operation period, the community and DAO can decide on the way and quantity of WFT destruction.
