# Circles Contract v2 **URL:** \ **Category:** Circles general\ **Created:** [February 2, 2024, 10:52am UTC](https://forum.aboutcircles.com/t/circles-contract-v2/562 "2024-02-02T10:52:28Z")\ **Posts on this page:** 1\ **Showing post:** 7
**Author:** ![samuelandert](https://avatars.discourse-cdn.com/v4/letter/s/4bbf92/32.png) [@samuelandert](https://forum.aboutcircles.com/u/samuelandert)\ **Post date:** [February 15, 2024, 9:26am UTC](https://forum.aboutcircles.com/t/circles-contract-v2/562/7 "2024-02-15T09:26:45Z")
The more I think about this topic, the more I am in favor of building an official Circles Protocol Group Currency, which has a fixed rule set. I am opening a new thread for this: > [@Proposal: Official Circles Protocol Currency](https://forum.aboutcircles.com/t/proposal-official-circles-protocol-currency/568): > > In regard to the upcoming v2 protocol update I am proposing to introduce an official circles protocol group currency with a hardcoded ruleset, of how to gain access to it. This utility token serves a few purposes and utilities while solving a few issues. a) ensuring the continuous funding and development of circles infrastructure b) Solving the invite fee / onboarding topic c) incentivizing to bring liquidity into the ecosystem d) funding a project proposal fund that support circles adoptio… --- _[View the full topic](https://forum.aboutcircles.com/t/circles-contract-v2/562)._