ABX Token
Last updated
Last updated
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 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.
Users can track their ABX balance and rewards directly through the platform.
Detailed tools are available for monitoring reward accumulation.
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)
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