# Token Utilities

$RAYS has multiple use cases within the Raydius ecosystem, each designed to enhance the platform’s functionality and incentivize participation.

## Platform Currency

$RAYS is used as the primary currency for transactions within the Raydius ecosystem. Developers use it to access the SDK, publish extensions, and utilize other platform services.

## User Incentives (Build to Earn)

Developers who build high-engagement applications can earn $RAYS as a reward, incentivizing the creation of valuable tools and services within the ecosystem.

## Staking for Extensions

To launch an extension in the Raydius Extension Store, developers are required to stake $RAYS. This staking mechanism ensures that only serious and committed developers contribute to the ecosystem.

## Decentralized Governance

$RAYS holders have the ability to participate in the governance of the Raydius platform. They can vote on proposals, influence platform decisions, and help guide the development of the ecosystem.