# Usage of $TAD

## Usage&#x20;

**$TAD token is a versatile and valuable asset that is used in several different areas of the TAD platform. It allows traders to participate in the platform's governance, pay for platform fees, earn rewards, and stake their tokens to earn additional rewards. By using the $TAD token, traders can take advantage of the benefits of the TAD platform and help to shape its future direction and development**

<figure><img src="https://1676246366-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fni9xwB78FzZcrCBgceSg%2Fuploads%2FMB9y2n012WZO2XXjdw2k%2FCopy%20of%20TAD%20Whitepaper%20v1%20(13).png?alt=media&#x26;token=545c4d18-3c28-495b-b2f4-2705c4b19b90" alt=""><figcaption></figcaption></figure>

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The governance token ($TAD) is a key component of the TAD project and is used in several different areas of the platform.
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## Fields

**The $TAD token can also be used to provide liquidity on decentralized exchanges (DEXs) that support TAD. Traders who provide liquidity in the form of $TAD tokens can earn trading fees, which are collected in the form of additional tokens. This incentivizes traders to provide liquidity, which helps to ensure that the platform has sufficient liquidity to support trading activities..**
