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

# Token Utility

## Overview

The CAGA token ($CAGA) serves as the backbone of the CAGA ecosystem across Ethereum and other EVM-compatible networks. As a deflationary token, it not only facilitates transactions but also underpins the security, governance, and operational efficiency of the network. Here, we explore the multifaceted roles that $CAGA plays within our ecosystem.