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

# Tokens

**Metera Tokenized Indexes ($MTK)**

Metera Tokenized Indexes or $MTK is the generic name of a token created inside the protocol. These tokens are formed by a collection of underlying assets whose proportions are defined by a weighting function. $MTKs represent a share of a specific index within the Metera Protocol.

**Metera Governance and Utility Token ($METERA)**

$Metera is the governance and utility token for Metera Protocol. It allows users to participate in the governance of the platform and is needed to access Metera’s services.

**Governance:** Vote on future development, treasury management & index creation.

**Utility:**  $METERA will be needed to interact with the Protocol as a % will be included in all MTKs. This is to increase the TVL. 

*\*\*\* Please keep in mind this document is a work in progress, things may change as the project evolves \*\*\**


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