> For the complete documentation index, see [llms.txt](https://carol-8.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://carol-8.gitbook.io/documentation/description-of-the-carol-token/token-utility.md).

# Token utility 

### Current Utility:

* **Staking:** CAROL token holders can lock their tokens to receive dividends or other rewards.
* **Exclusive Access:** Using CAROL for access to unique platform features.
* **Influence Development:** Proposing ideas and suggestions for protocol optimization.
* **Voting:** Participating in decision-making on key aspects of platform development.

### Upcoming Utility according to the roadmap:

* **Commission Optimization on Carol DEX:** Fee discounts for CAROL holders and payment of fees in CAROL on Carol DEX.
* **DEX Service Payment:** Using CAROL to pay for additional services on Carol DEX.
* **Grant Program:** CAROL as a key element for financing ideas and attracting new developers.
* **Collateral in Decentralized Credit:** Using CAROL as collateral for decentralized loans, offering users flexibility.
* **Partnership Programs:** Using CAROL in partnerships with other projects to provide token holders with advantages within them.
* **Bridges for Cross-Blockchain Transactions:** Using CAROL for fees when transferring assets between blockchains.


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