> For the complete documentation index, see [llms.txt](https://alphbanx.gitbook.io/alphbanx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://alphbanx.gitbook.io/alphbanx/abx-token.md).

# ABX Token

## 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 [fees](/alphbanx/fees-on-alphbanx.md) 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.

<figure><img src="/files/ehvZNvHshIgbHh0Zq9hm" alt=""><figcaption></figcaption></figure>

## 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.<br>

## **What is the Total Supply of ABX**&#x20;

\
Total supply is **100 million** ABX tokens and the repartition is the following:<br>

|   |                                               |                      |
| - | --------------------------------------------- | -------------------- |
| 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?**&#x20;

258k9T6WqezTLdfGvHixXzK1yLATeSPuyhtcxzQ3V2pqV