> For the complete documentation index, see [llms.txt](https://developer.gaianet.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://developer.gaianet.ai/getting-started-as-a-developer/gaianet-token.md). # GaiaNet Token ### GaiaNet Token The GaiaNet token is a utility token designed to facilitate transactions, support governance, and foster trust in the network. It serves three primary purposes: * As a DAO governance token, holders can participate in setting the rules of the network. * As a staking token, holders vouch for domain operators’ trustworthiness. Stakers get a cut from the domain operator’s service revenue. But they could also be slashed if the domain operator misbehave, such as spreading misinformation or providing unreliable services. * As a payment token, the GaiaNet token could be deposited into the domain’s escrow contract and be used to pay for services over time. The payment utility of the GaiaNet token is designed to balance the network supply and demand. The value of the GaiaNet token asset is determined at the time when it enters or leaves the escrow smart contract based on real-time exchange rates. Service consumers could lock in savings from the potential appreciation of the token. For example, if a user deposits $100 worth of GaiaNet tokens into the contract, and when the domain and nodes get paid, the token value has gone up to $110, he would have received $110 worth of agent services. Conversely, if the token price drops, the service providers (domains and nodes) now have an opportunity to “mine” the tokens on the cheap. If the $100 initial tokens is only worth $90 now, service providers will get more tokens for each unit of electricity and compute they provide. That incentivizes more nodes to join the network and speculate on a later rise in token value. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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, and the optional `goal` query parameter: ``` GET https://developer.gaianet.ai/getting-started-as-a-developer/gaianet-token.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. 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.