# Pika Share The Pika Share(PKS) token is primarily a **utility token** designed to facilitate and incentivize the decentralized governance of the protocol. As such, holders of PKS tokens accrue voting rights proportional to their holdings. The following could be examples which PKS holders have the opportunity to propose and decide on: * The new perpetual market to launch. * Trading parameters of a perpetual market such as trading fees, liquidation threshold and funding fee adjustment threshold. PKS token also functions as the last resort to the protocol. It can be minted by governance to backstop the system in the extremely rare case when the insurance fund of Pika Exchange is exhausted. --- # 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.pikaprotocol.com/archived/pika-protocol-v1/pika-stablecoin/pika-share.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.