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

# What is $HQ token?

<figure><img src="https://3227155996-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9R7el7C1JCFjJNahnCo1%2Fuploads%2FolKf1zpAcuk9YBqzqO5I%2Fezgif.com-gif-maker%20(5).gif?alt=media&amp;token=a9cf995b-2eac-46c2-8ac2-2680ffff9702" alt=""><figcaption></figcaption></figure>

$HQ is a fungible ERC-20 token (FT) — maximizing openness and interoperability across an expanding digital universe.&#x20;

$HQ serves as both a utility and governance token within the network, ensuring that all stakeholder incentives are aligned:

* **Users can use $HQ to engage in missions**, unlocking unique experiences, rewards, and opportunities across multiple chains.
* **$HQ may grant users access to privileges, advantages, and rewards** within Metaverse HQ Network's reputation-based economy, enhancing their standing and unlocking further opportunities created by the network.
* **Developers and partners can accept $HQ as payment**, integrating it into apps and ecosystems—including games and decentralized applications—to facilitate seamless transactions out of network.