Hi there! Because GBX' utility token is STACS.
Utility of the STACS Token:
1. VPs do not need to pay any fee to use the STACS Protocol, but will be required to stake STACS Tokens to use the Native and Global STACS.
2. Any entity wishing to be a Supernode or Global Node will also be required to stake STACS Tokens to earn Node rewards.
3. Transaction fees on the STACS Protocol will be payable in STACS Dollars for all transactions made on the STACS Protocol, and these will generate staking rewards for the Protocol’s Supernodes and Global Nodes.
4. 70% of all transaction fees will be used to purchase STACS Tokens from the open market and shared with nodes. 10% will be used to purchase STACS Tokens from the open market and retained for Investor Protection and Governance. 20% will be put into the Maintenance Fund to maintain and continually develop the STACS Protocol.
5. Staking by Issuers on the GBX.
6. Settling Trading Fees on the GBX-DAX
7. Medium to pay fees in the GSX Group Ecosystem, including Juno corporate services, fund services and fees, and future services and fees in the GSX Group ecosystem.
8. GBX Blockchain Innovation Centre campaigns, rewards for GBX Blockchain Innovation Centre campaigns, and other incentives.
9. Settling of Application Fees, Listing Fees and Member Fees on the GSX.
10. Medium to pay fees in the GBX Ecosystem including corporate services, fund services, and Juno fees.
11. Provide membership to the GBX, with privileged account benefits including discounts on trading fees.
12. Grant priority access to token sales.
13. Provide access to other potential incentives and voting rights on select community initiatives and developments
Kindly check out this link for more info about STACS token 👉 https://gbx.gi/news/introducing-stacs-token/
Also, if you have other questions, please feel free to join GBX' official Telegram group 👉 https://t.me/GBXCommunity