> For the complete documentation index, see [llms.txt](https://logyq-protocol.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://logyq-protocol.gitbook.io/whitepaper/tokenomics/gyq-token/gyq-utilities.md).

# GYQ utilities

The $GYQ utility token will have several functions within the Logyq ecosystem, serving as an incentive mechanism for all users in the ecosystem.

Specifically, $GYQ will have the following functions:

* **sellers** are able to stake or spend $GYQ to access special features (visibility on the homepage, visibility in the newly registered sellers section, etc.).
* **sellers** are able to stake $GYQ to achieve "guaranteed seller" status
* **sellers** reward their customers for posting reviews in $GYQ tokens (guaranteed sellers can access discount rates in this regard). Reviews have a different paying rate whether they are a simple star-based review or a written, in- depth one; the amount of tokens rewarded can however be customized.
* **sellers** are remunerated through the aggregate data that Logyq gives to third parties (with the permission of the vendor)
* **customers** receive $GYQ tokens for each review they make.
* **customers** spend $GYQ tokens within the Logyq ecosystem to obtain special features or reserved promotions and discounts from partner vendors