# $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. --- # 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://docs.ctx.xyz/protocol-overview/tex-token.md?ask= ``` 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.