# The RENDER SPL Token

In [RNP-001](https://github.com/rendernetwork/RNPs/blob/main/RNP-001.md), the Render Network community approved the transition to the Burn Mint Equilibrium (BME) where artists burn RENDER tokens in exchange for an equivalent USD valued Render Credits, that are non-fungible work credits. For nodes fulfilling the GPU work, RENDER tokens are distributed as network emissions, which are outlined in [RNP-006](https://github.com/rendernetwork/RNPs/blob/main/RNP-006.md) and updated in [RNP-013](https://github.com/rendernetwork/RNPs/blob/main/RNP-013.md). The Burn Mint Equilibrium has been implemented on the Solana Blockchain, with the legacy ERC-20 RNDR token being upgraded to RENDER SPL tokens in the operation of the BME. Complete upgrade information for the RENDER SPL token can be found [here](https://renderfoundation.com/upgrade). \
\
**Using RENDER Tokens**\
GPU computing work on the Render Network is done by burning RENDER SPL Tokens in exchange for an equivalent amount of Render Credits. These Render Credits provide the corresponding USD value of the burned RENDER Tokens and are used to submit work the network. Once artists burn the required amount of base token (RENDER), a set of non-transferrable, non-fungible **Coupon Tokens** (Render Credits) are issued to requesters to complete jobs.

\
\&#xNAN;*Example: A Render Network creator burns $5 worth of RENDER to produce 5 Render Credits, which are non-fungible and non-transferrable*


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://know.rendernetwork.com/basics/the-render-spl-token.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
