# ENX Token Overview

ENX is the native token of the Enexfi ecosystem, representing verified real-world energy assets on the blockchain. It serves as the primary medium for transactions, staking, rewards, governance, and investment in real-world energy assets within the platform.

### Key Features

#### 1. Tokenization of Energy

* Each kilowatt-hour (kWh) of verified energy production is represented as ENX.
* Links real-world energy production directly to the token economy.

#### 2. Utility

ENX token is used across the Enexfi ecosystem for multiple purposes:

* **Transactions:** ENX is used for trading energy assets within the platform.
* **Staking & Rewards:** Users can stake ENX to earn rewards from energy production and platform participation.
* **Governance:** Token holders can vote on protocol updates, platform upgrades, and strategic decisions.
* **IoT Device Rental:** Users can rent IoT devices to validate energy production and earn ENX tokens.
* **Token Creation & Trading:** Verified energy production can be converted into ENX tokens and traded globally.
* **Platform Payments:** ENX can be used for payments in partnered services or agreements within the ecosystem.
* **Liquidity Provision:** ENX can be provided to liquidity pools to enable decentralized trading and earn fees.
* **Incentives & Rewards:** ENX is distributed to participants who contribute to renewable energy growth, data verification, or ecosystem engagement.
* **Real-World Asset Investment:** ENX enables users to invest in verified energy projects and other energy-backed real-world assets, creating a bridge between DeFi and tangible energy production.

#### 3. Distribution

* **Team & Founders:** 1,750,000 ENX (≈3.65%) – 1 year cliff + 2 year linear vesting
* **Early Investors / Private Sale:** 2,000,000 ENX (≈4.17%) – Soft Lock, max 10% per month
* **Launchpad / IDO:** 2,050,000 ENX (≈4.27%) – Immediate release at sale
* **Liquidity & Staking:** 5,000,000 ENX (≈10.42%) – Gradual distribution over 12 months
* **Ecosystem & Partnerships:** 3,000,000 ENX (≈6.25%) – 6 month cliff + 12 month linear vesting
* **Marketing & Community Incentives:** 1,000,000 ENX (≈2.08%) – Gradual distribution over 12 months

#### 4. Supply

* **Total Supply:** 48,000,000 ENX
* **Circulating Supply:** 14,800,000 ENX
* **Contract Address:** [0x638CA34D0Afb04981275d532852EF740e10CBcC7](https://bscscan.com/token/0x638CA34D0Afb04981275d532852EF740e10CBcC7)

#### 5. Benefits

* Transparent, verifiable, and tradable energy-backed tokens.
* Incentivizes renewable energy production and user participation.
* Bridges DeFi with real-world energy assets, allowing global investment in tangible energy projects.
* Enables a global, decentralized energy marketplace.


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