# Token Utility LOT is the utility token of social trading platform League of Traders. The usage of LOT will include the following: #### Payment * Pay-to-See: Users can unlock and view the trading portfolio of other users for a one-time fee paid in LOT tokens. * Pay-to-Follow: Users can subscribe to view other users' portfolios on an ongoing basis by paying a recurring LOT token fee. * Copy Trading: Users can copy the trades or strategies of "Copy Leaders" for a fee, facilitating automated trading enhancements. Users can get discount by paying LOT token. * LOT Beacon: Users receive and act on trade signals, manually or automatically, by paying corresponding LOT token fees. #### Community engagement through Staking * Stake-to-Earn: In a typical staking model, the longer the lock-up period, the higher the APY (Annual Percentage Yield) rewarded to the staker. * Social Staking: Users stake LOT tokens to earn rewards, engage in governance, and elevate top-performing groups. #### Other Utilities * Earning rewards for active participation: Active participation to events earns users rewards in LOT tokens. * Unlocking Premium Access features: Unlock additional platform features via holding or paying with LOT tokens. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.leagueoftraders.io/token-utility.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.