> For the complete documentation index, see [llms.txt](https://hopers-io.gitbook.io/documents/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hopers-io.gitbook.io/documents/hopers.io/usdhope-token.md).

# $HOPE token

Hope Token:  the new governance token of Hopers.io

The Hope token is the governance token of the NFT marketplace and powers the official Hope Galaxy NFT collections. 

The $HOPE token [DAO](https://daodao.zone/dao/juno166nqpdute25frcw5xsg6ax8gj84jcdmsk5grrdecz673pxcjyzlqgnjc0f) stakers are rewarded 27% of the trade fees generated from all the NFT collections trades.

Initially, $HOPE was the native token for the Hope Galaxy [NFT collection](/documents/hopers.io/hopegalaxy.md). The team took a community-driven decision to not create a new token for the marketplace but instead use the same one that the community has been supporting from the early days. 

The Hope Token is developed on the Juno Blockchain, and a liquidity pool was created with the ratio of 130 $HOPE to 1 $JUNO at the end of May 2022.

$HOPE is traded on [JunoSwap  ](https://junoswap.com/)and [Osmosis ](https://frontier.osmosis.zone/?from=OSMO\&to=HOPE)through the [Keplr Wallet](https://wallet.keplr.app/). 

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