AlphBanX
  • Official AlphBanX Documentation
  • Collateralization ratio
  • Borrowing
  • Auction Pools and Liquidations
  • Redemptions
  • Fees on AlphBanX
  • Roles in AlphBanx
  • ABX Token
  • FAQ
  • Smart contract Addresses
  • Documentation
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  • What is the ABX token in AlphBanX?
  • How Can Users Monitor ABX Token Rewards?
  • What is the Total Supply of ABX
  • What is the token address?

ABX Token

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Last updated 5 months ago

What is the ABX token in AlphBanX?

The ABX token is the reward token of the AlphBanX ecosystem. Here’s an overview of its features and benefits:

  • Staking Rewards: Parts of the are redistributed to ABX stakers. As the total amount of loans increases, so does the yield for stakers. Rewards are paid out in Alph.

  • Governance Token: ABX is used to vote on protocol related changes.

How Can Users Monitor ABX Token Rewards?

  • Users can track their ABX balance and rewards directly through the platform.

  • Detailed tools are available for monitoring reward accumulation.

What is the Total Supply of ABX

Total supply is 100 million ABX tokens and the repartition is the following:

1

Rewards for community

23% (23 000 000 ABX)

2

Treasury, ecosystem development and marketing

20% (20 000 000 ABX)

3

Core team

15% (15 000 000 ABX)

4

Reserve (for additional ABD backing)

5% (5 000 000 ABX)

5

Liquidity provision

5% (5 000 000 ABX)

6

Auction pool LP reward (yield farming)

7% (7 000 000 ABX)

7

Investors

25% (25 000 000 ABX)

What is the token address?

258k9T6WqezTLdfGvHixXzK1yLATeSPuyhtcxzQ3V2pqV

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