# Token Utilities ## **$POLY** as the Core Utility Token: * **Node and Validator Staking**: Oracle participants and validators must stake **$POLY** tokens to contribute to the resolution process, ensuring only serious and committed users participate. * **Platform Fees**: Fees for participating in the oracle system, submitting data, and validating outcomes are paid in **$POLY**. * **Rewards**: Accurate oracle nodes and validators receive rewards in **$POLY**, providing an incentive for continuous and accurate participation. ## **Governance**: * In Stage 2, **$POLY holders** act as validators with delegated authority. As the system evolves, governance will shift increasingly into the hands of $POLY holders, making them key decision-makers in the future of the platform. *** The **Prediction Oracle System** empowers Polyquest to be the first fully decentralized, blockchain-based prediction platform, free from the limitations of Web2 data manipulation. It leverages collective intelligence, transparency, and decentralized governance to create a reliable and scalable solution for real-world outcome validation, paving the way for Polyquest to lead in the Web3 space. *** This document outlines the complete process from oracle node participation to the eventual goal of a fully decentralized **Prediction Oracle Chain**, ensuring that Polyquest is scalable, secure, and maintains its decentralized ethos. --- # 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.polyquest.xyz/prediction-oracle/token-utilities.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.