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

# NODELINK Token - $NDL Tokenomics

The $NDL token underpins the NODELINK ecosystem, serving as a utility and governance token. $NDL enables holders to access various services, participate in governance decisions, and earn rewards through staking and DeFi programs.

* **Governance:** Token holders have voting rights on the decentralized governance platform (DAO).
* **Staking and Yield Farming:** $NDL holders can stake their tokens in liquidity pools and yield farming programs to earn passive income.
* **Utility:** $NDL is used for transaction fees on the network, purchasing NFTs, and engaging in GameFi activities.