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

# Token Utility

The $HYPR token doesn’t just enable access, it creates deeper alignment between investors and the projects they support. By introducing a tiered burn mechanism and integrated governance utility, $HYPR empowers holders to influence outcomes, receive prioritized allocations, and earn increased shares of profits over time.

**1. Hypr Tiering System (Burn-to-Access)**

Investors can burn $HYPR to upgrade their Investor tier level. Higher tiers unlock greater benefits such as:

* Early-bird access to Drops (exclusive for Hypr tier investors)
* Unlimited allocation (subject to Drop term)
* Higher profit multipliers in the weighting system

**2. Transaction in HyprDrop**

In selected Drops, $HYPR may optionally be combined with stablecoins to secure allocations.

**3. Transaction in Marketplace**

$HYPR will also power transactions in the upcoming Marketplace, enabling seamless secondary NFT trading.

**4. DAO Governance (Coming Soon)**

$HYPR holders will gain voting rights to shape the ecosystem, from deciding on new Drops to approving platform features.

**5. Reward Pools (Coming Soon)**

Long-term holders of $HYPR will be able to stake their tokens in reward pools to earn additional incentives and further align themselves with the platform’s growth.