> For the complete documentation index, see [llms.txt](https://quantumgrid.gitbook.io/quantum-grid/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quantumgrid.gitbook.io/quantum-grid/business-overview/token-ecosystem-quant-and-squant.md).

# Token Ecosystem: Quant and SQuant

Quantum Grid is revolutionizing its economy with the integration of **Quant** and **sQuant** tokens, which are central to the platform's functionality and user incentives.

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### $QUANT Token

The $**QUANT** token powers the Quantum Grid platform, acting as the primary currency for transactions. Users can purchase computing resources or stake their Quant tokens to earn additional benefits.

**Key Features of QUANT:**

* **Platform Utility**: Use QUANT to access high-performance computing resources such as GPUs, CPUs, and storage.
* **Staking Mechanism**: By staking QUANT, users can unlock discounts, enhanced services, and participate in governance decisions.
* **Marketplace Integration**: QUANT tokens are the currency for renting hardware and purchasing additional services on the platform.

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### sQUANT (Staked QUANT)

When users stake QUANT tokens, they receive **SQUANT** (Staked QUANT) in return. This liquid token allows users to retain flexibility while gaining access to discounts and exclusive platform features.

**Benefits of sQuant:**

* **Discounted Rates**: Users with sQUANT tokens receive **discounts on computational resources**, making their workloads more cost-effective.
* **Liquid Token**: Unlike traditional staking mechanisms, sQUANT is **liquid**, meaning users can liquidate their sQUANT tokens at any time.
* **Governance Participation**: sQUANT holders have a voice in Quantum Grid's future. Users can vote on governance proposals to influence platform upgrades, new features, and development priorities.

> **Note:**\
> **How Staking Works**
>
> * **Stake Quant Tokens**: Users lock their QUANT tokens in a **staking pool**. In return, they receive sQuant, representing their staked assets.
> * **Earn Rewards**: By staking $QUANT, users not only earn yield on their base tokens but also benefit from the flexibility to maintain liquidity through liquid staking tokens. 
> * **Discounts:**  By staking $QUANT, users also gain acces to our discounted model **on computational resources** and exclusive services. This is possible through our solar energy production model. 
> * **Governance Rights**: sQuant holders can **vote** on key decisions affecting the platform, from new features to service improvements.
> * **Liquidity**: Unlike traditional staking, **SQuant is liquid**, meaning you can easily withdraw your tokens without penalty and convert them back to Quant.

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### Future Plans for the Token Ecosystem

Quantum Grid plans to expand the utility of both QUANT and sQUANT tokens by introducing new services, deeper governance capabilities, and rewards for long-term stakers.