6.2 Native Token Utility
The $OPENX token performs multiple functions within the protocol:
Compute Settlement
All workloads on Xnodes are paid in $OPENX or tokenized credits.
Credits such as tGPU or tCPU are backed by $OPENX and are redeemed or burned upon usage.
Marketplace and Licensing
Models, datasets, and agents in the marketplace are licensed and monetized using $OPENX.
Usage fees, subscriptions, and royalties clear through smart contracts that distribute $OPENX to creators and contributors.
Staking and Rewards
Participants can stake $OPENX to support node operators, infrastructure pools, and liquidity vaults.
Rewards are drawn from real demand for compute and applications rather than inflationary emissions.
Governance
The protocol uses burn-to-vote governance.
Token holders burn $OPENX to signal long-term commitment, which grants voting rights on proposals, treasury allocations, and protocol upgrades.
Funding of Ecosystem Projects
Milestone-based funding for builders and research teams is denominated in $OPENX.
Grants and accelerators receive vesting allocations that are tied to delivery of measurable outputs.