# Tokenomics

### Token Information

NDX (0x571cBe5175CF64f73ccC7301e70d04a1b494Ea3e)  token is a NevDEX native utility token that ensures the sustainable development of the platform and also provides additional utility.

### NDX utility

* NDX holders get fee discounts on the platform.
* NDX holders can pair NDX with other token like NDX-CKB to incorporate into a yield farming.
* NDX holders can take part in 'Trade to Earn' that receive NDX as a reward.&#x20;

## Distribution & Vesting

* Mining reserves - 60,000,000 - 60%
  * &#x20;Diluted in multiple farms over several years
* Team - 20,000,000 - 20%
  * 1 year fully locked locked, then linearly vested for 12 months
* Treasury - 10,000,000 - 10%
  * Unlocked
* IDO - 5,000,000 - 5%
  * Unlocked
* Marketing - 3,000,000 - 3%
  * Unlocked
* Airdrops - 2,000,000 - 2%
  * Unlocked

<figure><img src="/files/9Mnp94MgtDuFw9eTBXqJ" alt=""><figcaption></figcaption></figure>

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