# Ultility of MBC Token

Currently, there are six primary use cases for MBC Token:

### Native Token of Monbase on Binance Smart Chain (BSC) with BEP20 Standard:

* MBC serves as the primary digital asset within the Monbase ecosystem.
* It is built on the Binance Smart Chain using the BEP20 token standard, ensuring compatibility and efficiency.

### Trade:

* Users can utilize MBC for trading purposes within the Monbase platform.
* It enables seamless and efficient transactions for buying, selling, and exchanging various digital assets.

### Discounted Trading Fees:

* Holders of MBC enjoy reduced trading fees when conducting transactions on the Monbase platform.
* This incentivizes the use of MBC and rewards users for actively participating in the ecosystem.

### Stake for Rewards:

* Stakeholder participants have the opportunity to stake their MBC tokens.
* By staking MBC, users can earn rewards such as additional tokens, interest, or other incentives within the Monbase ecosystem.

### Voting Rights:

* MBC holders are granted voting rights within the Monbase community.
* This enables stakeholders to participate in governance decisions, such as protocol upgrades, feature implementations, or community initiatives.

### Pay Fees to Expand Ecosystem:

* Users can use MBC to pay various fees associated with expanding the Monbase ecosystem.
* These fees may include platform maintenance, development costs, or other operational expenses necessary for ecosystem growth.

### Obtain Other Benefits:

* MBC holders may access other benefits and services within the Monbase ecosystem.
* These benefits could include exclusive rewards, access to premium features, or participation in special events and promotions.