> For the complete documentation index, see [llms.txt](https://coinlive.gitbook.io/xr-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://coinlive.gitbook.io/xr-whitepaper/05-tokenomics.md).

# 05 Tokenomics

The native cryptographically-secure fungible protocol token of the XRADERS platform (ticker symbol $XR) is a transferable representation of attributed Governance and utility functions specified in the protocol/code of the XRADERS platform, and which is designed to be used solely as an interoperable utility token thereon.

<figure><img src="/files/aqrjWjIFXlaaEmpnUBlh" alt=""><figcaption></figcaption></figure>

$XR provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the XRADERS platform, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. $XR plays an integral roles in incentivizing user participation, unlocking exclusive features, and facilitating transactions within the platform.