> For the complete documentation index, see [llms.txt](https://hydraswap.gitbook.io/hydraswap-gitbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hydraswap.gitbook.io/hydraswap-gitbook/tokenomics-usdhys/token-value.md).

# Token Value

$HYS is not just a governance token but also boasts a plethora of utilities. With HYS, a user would be granted the following rights:

* Proposal and voting rights
* IDO and crowdfunding quota on HydraSwap
* Transaction fee discount
* Transaction fee dividends
* Governance rights