# Token Utility ## **Payment** * **Gas Fees:** All transactions and smart contract executions on the EMC public chain consume EMC as gas. * **Service Fees:** AI Agent calls, hardware resource rentals, and data requests can be settled in EMC. ## **Governance** * **DAO Voting:** EMC holders can participate in governance votes, influencing protocol upgrades, budget allocations, and incentive model adjustments. * **Proposal Submission:** High-stake or staked users may directly submit proposals that shape the ecosystem’s future direction. ## **Staking** * **PoAW / Validator Staking:** EMC’s proof-of-AI-Work consensus requires nodes to stake EMC for block rewards and mining incentives. * **Yield Sharing:** Stakers earn dividends tied to node performance or lock-up duration, enhancing user engagement and loyalty. ## **Burning Mechanisms** * **Transactional Burns:** EMC spent on compute services (e.g., purchasing network compute via EMC Hub) may be automatically burned. * **Deflationary Incentives:** Maintaining network stability while reducing circulating supply over time bolsters token scarcity and long-term value. --- # 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.emc.network/emc/emc-network/tokenomics/token-utility.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.