> For the complete documentation index, see [llms.txt](https://predify.gitbook.io/predify-litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://predify.gitbook.io/predify-litepaper/2.-the-usdpred-token/2.1-token-utility.md).

# 2.1 Token Utility

Think of $PRED as your Swiss Army Knife for navigating the Predify platform. It unlocks a treasure trove of benefits:

* **Savings on Predictions:** Ditch the hefty fees! $PRED holders score exclusive discounts when placing bets on prediction markets. More bang for your buck means you can participate in more markets and potentially boost your returns.
* **Become a Market Maker:** Unleash your inner visionary! Stake your $PRED and create your prediction markets. Got a burning question about the future of space travel or the next viral dance trend? Put it to the test with a custom market.
* **Shape the Future:** $PRED grants you voting rights, giving you a say in Predify's development. Your voice matters! Help steer the platform's direction and suggest features that enhance everyone's prediction market experience.