# Tokenomics

**Token: $MYDX**

**Core Functions**

1. **Governance Voting**: Holders can propose and vote on key protocol decisions, including listed assets, leverage ratios, oracle selection, and fee parameters.
2. **Fee Discounts**: Users holding the platform token enjoy discounts on transaction fees and receive gas fee subsidies.
3. **Trading & Liquidity Incentives**: Active traders, liquidity providers, and referral partners can earn fee dividends through preset incentive programs.
4. **Liquidation Rewards**: Liquidators who help maintain market health by clearing under-collateralized positions are rewarded with funding rate bonuses.

**Token Allocation**

<table><thead><tr><th width="114.99996948242188">Token Allocation</th><th>Token Amount</th><th width="76.6363525390625">% of Total Supply</th><th width="84.81817626953125">Unlock %of This Allocation at TGE</th><th width="93.00006103515625">Cliff Period (preferably in the month) only number</th><th width="92.54547119140625">Vesting Period (preferably in themonth) only number</th><th>TGE % of Total Supply</th></tr></thead><tbody><tr><td>Airdrop</td><td>10000000</td><td>10%</td><td>10%</td><td>1</td><td>22</td><td>1%</td></tr><tr><td>Community Incentives</td><td>40000000</td><td>40%</td><td>2.5%</td><td>1</td><td>78</td><td>1%</td></tr><tr><td>Team</td><td>20000000</td><td>20%</td><td>0%</td><td>24</td><td>12</td><td>0%</td></tr><tr><td>Treasury</td><td>15000000</td><td>15%</td><td>0%</td><td>1</td><td>30</td><td>0%</td></tr><tr><td>

Investors</td><td>15000000</td><td>15%</td><td>26.67%</td><td>1</td><td>10</td><td>4%</td></tr><tr><td>Total</td><td></td><td>100%</td><td></td><td></td><td></td><td></td></tr></tbody></table>

TGE release:

* Total release at the end of TGE+1M: 7.59%
* Total release at the end of TGE+2M: 9.18%
* Total release at the end of TGE+3M: 10.77%
