# MTRG - Meter Governance Coin ## What is MTRG and what is it used for? MTRG is the governance token of the Meter system. Holders of MTRG can perform the following actions: 1. Stake MTRG tokens directly as a PoS validator or delegate to other PoS validators to approve transactions and earn MTR. 2. Earn various fees paid in MTR from the [on-chain auction](/overview-of-meter/on-chain-auctions.md) and on-chain/cross-chain transactions. 3. Stake MTRG tokens in future DeFi apps created by the Meter team. 4. Participate in governance of the Meter system. MTRG holders will be able to vote on major changes to monetary policy, MTR production parameters, new feature additions, and other governance-related issues. --- # 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.meter.io/overview-of-meter/mtrg-meter-governance-coin.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.