> For the complete documentation index, see [llms.txt](https://acpcoin.gitbook.io/acp-coin-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://acpcoin.gitbook.io/acp-coin-docs/3.1-definition-and-utility-of-the-acp-token.md).

# 3.1 Definition and Utility of the ACP Token

The ACP token is a BEP-20 utility token deployed on the BNB Smart Chain. Its functions include:

* **Payment for Compute Services**: Developers, AI startups, and enterprises use ACP tokens to access distributed GPU resources.<br>
* **Contributor Rewards**: Tokens are issued to both Prime Mining participants and staking users.<br>
* **Governance Rights**: Token holders meeting a set threshold can participate in project voting (future DAO system).<br>
* **Collateral for Compute Provision**: Token staking can act as a guarantee for temporarily allocating GPU resources.\ <br>

ACP functions as more than a digital asset—it is the operational backbone of the decentralized compute ecosystem.