# Reward, Utility & Governance

Staking FAF unlocks rewards and utility on the platform. 

### Rewards

These rewards are the $FAF that you earn by staking your $FAF. The rewards come from the 9.6% of $FAF supply that is reserved for first year rewards. These rewards are distributed between the $FAF stakers at the end of each epoch using a combination of time weighted stake and a custom multiplier based on Voltage Points accrued.

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### Utility

The utility of $FAF on the platform depends on your VIP Level which is maintained by staking $FAF. The higher the amount of $FAF you have staked the higher will be your VIP level leading to higher utility and perks.

These include:

**Fee Discounts -** Gives you discount on the base fee on trading perpetuals.\*

**Referral Rebates -** Gives you higher percentage of rebates from your referrals.

**Rev Share** - Give 50% of the protocol revenue to FAF token stakers.

**Spot LO Discounts - F**ee Discounts on any limit orders on spot markets. (coming soon)

**DCA Discounts -** Fee Discounts on any DCA type orders on spot market. (coming soon)

<figure><img src="https://1107078469-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fwjn1OLuTIq3M0RkTUTyw%2Fuploads%2Fsa9lw8bjo6GVYVUAMbgM%2Ftelegram-cloud-photo-size-5-6330330230488679465-y.jpg?alt=media&#x26;token=1e5c7b75-9cb9-4f0b-8678-e3947eacfcc0" alt=""><figcaption></figcaption></figure>

{% hint style="danger" %}
NOTE: Yield Booster mentioned above has been removed with the recent Futarchy governance proposal that passed. Yield Booster has now been converted to Rev Share for FAF stakers.
{% endhint %}

> <sup><sub>**\*Fee discounts are limited to 50 trading interactions within a 24-hour rolling period. This includes opening/closing positions, take profit/stop loss orders, and limit orders. The system tracks your first discounted trade and monitors all subsequent interactions. Once you exceed 50 interactions within any 24-hour period, all fee discounts are forfeited until the next rolling 24-hour period resets.**<sub></sup>

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### Governance

We’re embracing Futarchy, a governance model that uses prediction markets to guide decisions. Learn more [here](https://docs.flash.trade/flash-trade/flash-trade-protocol/faf-token/faftarchy-governance).