# 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](fees-on-alphbanx) 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="https://3781100971-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F6fWrhtsgc8sNN8zNwLNi%2Fuploads%2F9Tw3nDKPUfRwqffFBmyj%2FCOIN.png?alt=media&#x26;token=9344530c-c807-4930-b48c-7f51b41dd360" 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.\


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

\
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?**&#x20;

258k9T6WqezTLdfGvHixXzK1yLATeSPuyhtcxzQ3V2pqV
