Why do i need Avax coin?

We know that, Avalanche serves as a platform in which one can built upon the financial tools. thats why we are calling it as ‘internet of finance’.
I think that Avalanche is valuable platform, but im not sure why we need Avax coin in the future. Just to stake them or are there any area of use?

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AVAX is used to secure the avax blockchain via POS and it is also used as gas for sending transactions on the avax network.

More utility will be added to AVAX, as Avalanche progresses as a project.