> For the complete documentation index, see [llms.txt](https://casbet.gitbook.io/untitled/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://casbet.gitbook.io/untitled/tokenomics/token-utility.md).

# Token Utility&#x20;

* **In-platform Currency** : Players will use $CASBET token to bet and play Casino Games, driving its demand.<br>
* **Rewards:** $CASBET will be a primary mode for distributing rewards, cashback's, and promotional offers.<br>
* **Staking** : Players can stake their $CASBET to earn rewards or bonuses.<br>
* **Exchangeability** : Players can exchange $CASBET for other cryptocurrencies or fiat, based on market conditions.<br>
* **Governance** : Token holders can vote on important decisions, including new game releases, platform features, fee structures and partnerships<br>
* **Jackpot and Prize Pool Contribution** : part of the gaming revenue or a share of staking fees will be allocated to community jackpot pools which will be distributed to token holders and stakers&#x20;