> ## Documentation Index
> Fetch the complete documentation index at: https://docs.codatta.io/llms.txt
> Use this file to discover all available pages before exploring further.

# Token Utility

> What you can do with $XNY.

## Summary

**Codatta** is a decentralized knowledge protocol, powering human-intelligence marketplace.
**`$XNY`** acts as the network’s operating currency—enabling **on-chain actions**, **staking-based trust**,
**task launches**, **data/API access**, and **ownership trades**—while **contributor payouts** can be made in
a mix of payout options where **XNY** is the **main reward currency**, while also supporting **stablecoins**
(e.g., **USDT/USDC**) and **highly-liquid tokens** (e.g., **BTC/ETH**).

## Business model (how value flows)

| Stream                         | Who Pays        | What They Get                                | Denominated In | Where It Goes                                    |
| ------------------------------ | --------------- | -------------------------------------------- | -------------- | ------------------------------------------------ |
| **Protocol gas & ops fees**    | Any participant | On‑chain provenance, finality                | **\$XNY**      | Validators/ops + treasury (governance‑set split) |
| **Task launch fees**           | **Clients**     | Listing, routing, SLA options, dispute rails | **\$XNY**      | Marketplace ops + safety funds                   |
| **Data/API access (metered)**  | **Clients**     | Row/asset access, API rate tiers             | **\$XNY**      | Treasury + service providers                     |
| **Ownership & license trades** | **Clients**     | Transfer of rights; auto‑royalty hooks       | **\$XNY**      | Royalty router + protocol fee                    |
| **Priority & promotion**       | **Clients**     | Fast‑lane routing; featured placement        | **\$XNY**      | Treasury + incentive pools                       |

**Contributor payouts:** Funded by **Clients** in **`$XNY`, USDT/USDC, BTC/ETH** and etc.
Protocol auto‑splits to **Providers**/**Validators**/**Backers** per acceptance and royalty rules.

## `$XNY` utilities

| Utility                      | Who Uses It                                     | Why It Matters                                                                                                            |
| ---------------------------- | ----------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------- |
| **Gas for on-chain actions** | **Everyone**                                    | Records **contribution fingerprints (CF)**, mint **ownership** and rights; support decntralization; prevent fraud attacks |
| **Staking & slashing**       | **Contributors (Providers/Validators/Backers)** | Bootstraps trust; poor quality or fraud is penalized.                                                                     |
| **Task launch gating**       | **Clients**                                     | **\$XNY required** to open bounties/tasks and set SLAs.                                                                   |
| **Task promotion**           | **Clients**                                     | Pay **\$XNY** for acceleration and marketplace visibility.                                                                |
| **Data/API access**          | **Clients**                                     | **\$XNY required** to unlock datasets, higher rate limits, and private sandboxes.                                         |
| **Ownership**                | **Clients**                                     | **\$XNY used** to mint/transfer rights; royalties auto‑route on reuse.                                                    |
| **Governance & curation**    | **Governacne voters**                           | Cast voting; voting power tied to **\$XNY** stake + reputation.                                                           |

## Roles at a Glance

* **Providers:** Boost reputation by staking **\$XNY** to access premium tasks of data sourcing and/or labeling; earn multi-asset payouts; receive royalties from data re-use.
* **Validators:** Build reputation by staking **\$XNY** to increase the credibility of validation decisions; earn validation fees and dispute rewards; risk slashing for inaccuracy or misconduct.
* **Backers:** Stake to underwrite contributor cohorts or datasets; share in creator earnings/royalties; face penalties if quality standards or SLAs aren’t met.
* **Clients:** Launch tasks, access data/APIs, and license or trade ownership; use **\$XNY** for task launches, access, priority, and rights management.

## Network Economics

* **`$XNY` Demand Drivers:** Every core network function (launch, access, ownership, priority, governance) requires `$XNY`.
* **Flexible Settlement:** Contributor earnings can be in stablecoins, majors, or partner tokens, lowering adoption friction.
* **Value Anchoring:** `$XNY` retains its core role as the **access, trust, and rights currency** of the ecosystem.

## FAQ (concise)

**1. Why use `$XNY` if payouts are multi‑asset?**
`$XNY` controls access, trust, rights, and governance. Multi‑asset payouts reduce buyer friction and meet cost‑management/compliance
constraints (including stablecoin‑only settlement when required), while keeping `$XNY` as the network’s control and fee currency.

**2. Can Clients pay entirely in stablecoins?**
Yes—for contributor rewards. **\$XNY** is still required for launch, access, licensing, and disputes.

**3. Who bears slashing risk?**
Contributors and disputing parties that post stake/bonds. Slashing enforces quality and honesty.

**4. How do royalties work?**
When licensed data is reused (e.g., in model training), smart contracts distribute ongoing payouts to eligible Contributors and Backers.

**5. Is this compliant for regulated Clients?**
Yes. Privacy proofs and compliance fees are paid in **\$XNY**; audit logs and revocable licenses align with sector requirements.