# How gHecta works?

* **Ticker:** gHECTA
* **Contract:** [0x7d31ed03c2442f9ffc4f22d90772ee1f32fa9b0d](https://bscscan.com/token/0x7d31ed03c2442f9ffc4f22d90772ee1f32fa9b0d)
* **Chain:** Binance Smart Chain (BSC)

## 1. What is gHECTA?

gHECTA is the governance token of Hectagon. gHECTA enable its owner to:

* Vote on [Snapshot](https://snapshot.org/#/hectagon.eth)
* Burn gHECTA (along some additional HECTA as fee) to acquire project tokens
* Receive staking reward
* Unstake to receive HECTA

## 2. How gHECTA enable user receiving staking rewards?

To calculate the number of HECTA that gHECTA owner can use this formula:

**`Number of HECTA = Index * Number of gHECTA`**

Index is a number which increases after every epoch. The difference between Index of 2 consequence epoch represents the staking rewards for gHECTA owners.

## 3. How to acquire gHECTA?

There are 2 ways for user to acquire gHECTA:

* Buying HECTA with discount and vesting terms from Hectagon website or smart contract.
* Staking HECTA in Hectagon website or smart contract to receive gHECTA.