> For the complete documentation index, see [llms.txt](https://titan-trading.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://titan-trading.gitbook.io/whitepaper/project-economy/tes-token-utility-and-use-cases.md).

# TES Token Utility and Use Cases

## Facilitating Transactions Within the Titan Ecosystem

* **Platform Fee Payments:** $TES Tokens can be used to pay all types of fees on the Titan platform, such as subscription fees for trading bots.
* **Incentive Rewards**: Users can earn $TES Tokens as rewards for various activities within the platform, like receiving tokens for reaching certain trading volumes.

## Governance and Voting Rights

* **Empowering Users with Decision-Making Power**
* **Platform Governance Participation**: $TES Tokens serve as governance tokens, allowing users to participate in decision-making processes for platform development, such as voting on the introduction of new features.

## Incentive Mechanisms for Users and Developers

*Enhancing Engagement Through Rewards*

* **Fee Discount Programs**: Users holding and paying platform fees with $TES can receive discounts, such as a 10% discount on subscription fees for holding 100 $TES.
* **Referral Programs**: Users can earn $TES Tokens by referring new users to the platform, with rewards based on the referred users' platform activity and total trading value.

## Financial Services Activated by $TES Token

*Expanding Financial Opportunities*

* **Staking and Yield Farming**: Users can stake $TES and earn returns on their assets, such as earning a 10% annual return by staking 1000 $TES.
* **Buyback and Burn Program**: A portion of platform revenue is used to repurchase $TES Tokens from the open market. Purchased $TES are burned, reducing the circulating supply and increasing the value for holders.