> For the complete documentation index, see [llms.txt](https://nexaa.gitbook.io/nexaa-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexaa.gitbook.io/nexaa-whitepaper/tokenomics/token-usecases.md). # TOKEN USECASES ## **USECASES** **Community Governance:** Nexaa believes in decentralization. Token holders play a pivotal role in influencing the platform's trajectory. Through community governance, holders can actively participate in decisions, proposing new features, influencing fee structures, and more through community voting. **Fee Reduction:** A perk for token holders. Enjoy reduced fees for transactions, creating a more cost-effective environment for both token holders and users. **Staking:** Stake your Nexaa tokens to earn rewards. It's a seamless way for token holders to contribute to the stability and growth of the Nexaa ecosystem while being rewarded for their commitment. **Referral Rewards:** Nexaa values its community. Users who introduce others to the platform and facilitate installations of NEXAA app receive well-deserved referral rewards. **Dividends & Token Deflation:** A unique approach to reward loyalty. Twenty percent of platform earnings flow back to token holders as dividends, fostering a sense of shared success. Additionally, 10% of earnings contribute to token deflation, ensuring a controlled and sustainable token supply. **Incentives:** Recognition matters. Nexaa believes in rewarding not only its token holders but also platform users, partners, and the broader community. Incentive programs aim to appreciate contributions across the Nexaa network. The $NEXAA token isn't just a digital asset; it's a gateway to actively shaping and benefiting from the evolving Nexaa ecosystem. With a focus on community engagement, sustainability, and shared success, Nexaa's native token is a testament to the commitment to innovation in the crypto space.