> ## Documentation Index
> Fetch the complete documentation index at: https://docs.holdstation.com/llms.txt
> Use this file to discover all available pages before exploring further.

# 📪 Token Utility

**\$HOLD** - A governance token that enables holders to participate in the decision-making process through voting on DAO proposals, whitelist for launchpad and multiple fees discount.

HOLD token distribution follows a **fixed supply**, decaying emission model as a general principle. This means that as time passes, the token emission decreases according to a fixed schedule. This distribution model is designed to reward users who stake or hold tokens for longer periods.

## \$HOLD Utility <a href="#what-is-the-utility-of-usdhold" id="what-is-the-utility-of-usdhold" />

<img src="https://mintcdn.com/holdstation-c38581db/uOAgRt8ji9Cg4IQp/.gitbook/assets/telegram-cloud-document-5-6154498237483980238.jpg?fit=max&auto=format&n=uOAgRt8ji9Cg4IQp&q=85&s=a2026a5d28a59498514b03b4b647e7e6" alt="" width="1920" height="1080" data-path=".gitbook/assets/telegram-cloud-document-5-6154498237483980238.jpg" />

Our platform was accumulating an impressive \*\*$3,300,000+ in trading fees** - an achievement that has us buzzing with excitement! Imagine the excitement as our official token $HOLD takes center stage, **sharing 40% of trading fees**. It's not just a makeover; it's a complete game-changer, igniting a fresh approach to maximizing gains of #realyield.

| **HOLD** **Utilities**  | **Descriptions**                                                                                                |
| ----------------------- | --------------------------------------------------------------------------------------------------------------- |
| Discounted Trading Fees | Users can enjoy a remarkable [**fee discount**](../../holdstation-defutures/defuture-fees/) when holding \$HOLD |
| Delegate Voting         | Use HOLD to delegate voting rights                                                                              |
| Launcher Exclusive      | **HOLD Stakers** earn whitelist to paticipate every projects launch on Holdstation Launchpad                    |