FTX Token (FTT) is the most direct vehicle for FTX to give value back to its community and users. The token has many uses across the platform including being used for collateral, bestowing voting rights, and giving fee discounts to users who hold it. This functionality drives demand for the token which contributes to its increasing valuation. By buying and burning FTT on a weekly basis, FTX further supports the asset’s deflation and returns value to the community. Users can increase their benefits by staking the token on the platform.