# $TEX Token

Our token’s value is directly fueled by the community’s engagement and innovation, **mirroring Ethereum's model** where increasing utility and ecosystem growth drive its worth. The token is used for **transactional fees tied to document updates**, creating a sustainable economic model for protocol services.

The token serves multiple purposes within the protocol, such as powering the multi-chain registry, where it helps manage decentralized domains across networks.

Token holders can participate in governance, influence decisions around TLD management, and **help secure the network through validator staking on our future AppChain**. These features, along with mechanisms like SaaS subscription buybacks, drive demand and value, making the token an integral part of our decentralized ecosystem.