# ✍🏻 Utility of LUCAX 👉 As Voting Power of the Gauge for the distribution of incentives in the protocol farms. 👉 As Royalties Claimer, they will be able to claim royalties derived from the projects incubated and accelerated by the protocol. 👉 As Collateral, like lend/borrow, by stake the LUCAX as collateral, thus opening a Collateral Debt Position 👉 As a Stake, because the holders remove the LUCAX from circulation the holders rewarded with Mining in LUCAX. 👉As As Voting Power of the Referendum, MxLucax holders obtain the power to vote at Referendum Panel and Governance of the Grant 👉 As Financing, they will have the opportunity to obtain Reciprocal Grants for their projects, proposals, developments, home work and others, that they applied at Referendum Panel, generating social inclusion and providing opportunities to improve purchasing power and be part of the ecosystem development, inspired by the Polkadot and Dash protocols. --- # 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://lucaxfinance.gitbook.io/lucax.docs/currencies/usdlucax/utility-of-lucax.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.