# Token Utility

1. **Gas & Computation:** All transactions, smart contract deployments, and private state storage are paid for in $FOGEVM.
2. **Validator Staking:** To operate a node and participate in the PoS consensus, validators must lock $FOGEVM. This ensures honest behavior—malicious actors forfeit their stake.
3. **Governance:** The FOGEVM DAO controls protocol parameters, such as privacy fees, inflation rates, and upgrades. Only token holders can vote.
4. **Liquidity Incentives:** Tokens are used to incentivize deep liquidity in the "Dark Pools" on the network.


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