> For the complete documentation index, see [llms.txt](https://flareai.gitbook.io/flareai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://flareai.gitbook.io/flareai/tokenomics/applications-of-fai.md).

# Applications of FAI

FAI serves as the native token within the FlareAI ecosystem, enabling various functions and benefits:

1. **Data Access**: Users utilize FAI to acquire high-quality training data from the platform.
2. **Provider Incentives**: Data providers earn FAI by contributing valuable datasets, promoting continuous data sharing.
3. **Transaction Fees**: FAI is used to pay for transactions and services on the FlareAI platform.
4. **Staking and Rewards**: Holders can stake FAI to unlock premium features or earn rewards, enhancing platform engagement.
5. **Governance**: FAI grants holders voting rights to influence the platform’s development and policies.

These applications highlight FAI's essential role in driving the functionality and growth of the FlareAI platform.