> For the complete documentation index, see [llms.txt](https://docs.hipo.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.hipo.finance/introduction/how-does-hipo-work/get-hgram.md).

# Get hGRAM

By staking in Hipo, you’ll receive **hGRAM**, a liquid token that represents your staked GRAM.

After each validation round, the staking rewards are automatically reflected in the **price of hGRAM**, which gradually increases compared to GRAM. This means your rewards are embedded in the value of hGRAM.

Since it might be tricky to track how much you’ve earned, the [**Hipo App**](https://app.hipo.finance/#/page=reward/) lets you see your **staking rewards and exact earnings** for each validation round.

With hGRAM, you maintain **liquidity** while your GRAM is staked, and you can use hGRAM across various [**DeFi activities**](https://app.hipo.finance/#/page=defi/) on TON.