> For the complete documentation index, see [llms.txt](https://whitepaper.myrenegade.net/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.myrenegade.net/the-renegade-tokenomics/token-utility.md).

# Token Utility

The Renegade Token (RNG) serves as the fuel for the Renegade ecosystem, offering several utilities:

1. **Staking for Squad Points:** Users can stake RNG to earn Renegade Squad Points. The longer they stake, the more points they earn. These points can be used to redeem Reward Boosters.
2. **Fixed and Flexible staking:** The Renegade platform will offer its users APY staking. The rewards will be paid in RNG. This staking is also separate to the rewards staking.&#x20;
3. **Trading & Exchange discounts:** Users who stake RNG will receive discounts for exchange services. The longer you stake the better the discount. If a user unstakes the discounts are also lost.
4. **Rewards for Benefits:** Each benefit chosen by the user is a €10 reward in RNG. This means that users can earn RNG by choosing benefits from their favourite companies.
5. **Spending Rewards:** All the Renegade cards offer a percentage return on the user’s spending. This is then paid out in RNG, allowing users to earn when they spend.&#x20;
6. **Powering the App:** The RNG token powers the Renegade app, enabling users to enjoy the full range of features and services offered by Renegade.&#x20;
7. **Payment:** Users can use RNG as a form of payment within the eco system. For example: If a user decides to pay their monthly squad subscription in RNG, they will receive a discount.&#x20;

In essence, the RNG token is a crucial component of the Renegade platform, enabling users to earn rewards, access benefits and fully utilise the Renegade app.


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