# $EDXA Token

![](https://1953751551-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-McV0l-S7kL2Xo-Tuykx%2F-MdRouvfcjq9mwCjF0VH%2F-MdRuavRadIICN3-lORt%2Fedxa-token.png?alt=media\&token=39001370-4e5a-4ac0-b0d8-2780f4fce221)

$EDXA is the native token of EDXA Labs

## Basic Information

* Ticker : $EDXA
* Contract Address : TBD
* Chain : Binance Smart Chain (BEP20)
* Startup Circulation : 15,000,000 Token
* Maximum Supply : No maximum supply
* Decimal Value: 18

## $EDXA Properties

### $EDXA Token Launch Distribution

Pre-minted $EDXA token at launching will be 15,000,000. It will be distributed as below:

* 66.67% (10,000,000 EDXA) will be reserved for IDO
* 6.67% (1,000,000 EDXA) will be reserved for future development cost (will not be in circulation)
* 6.67% (1,000,000 EDXA) will be reserved for future marketing cost (will not be in circulation)
* 6.67% (1,000,000 EDXA) will be reserved for future operation cost (will not be in circulation)
* 13.33% (2,000,000 EDXA) will be reserved current & future team members

### $EDXA Token Emission

$EDXA token emission is 1.15 EDXA per block. Emission will be change periodically with a target of 60%-90% APR.

### $EDXA Token Deflationary Mechanism

Current deflationary mechanism will be: 

* 2% of incubator deposit fee
* 2% of pools deposit fee
* 100% of IDO will be burn