Token Use Cases

Last updated November 13, 2025 · Estimated read time: 9–12 minutes

1.1 $ASX Utility Overview

$ASX is the connective tissue of the Asentum ecosystem — a multi‑purpose token that powers governance, secures the network through staking, and settles fees across issuance, trading, and distributions.

1.2 Governance and Policy

  • On‑chain voting: Token‑weighted voting for proposals and parameter updates
  • Treasury decisions: Grants, liquidity programs, and ecosystem spending
  • Transparency: Open discussion forums and published vote records

1.3 Staking and Validator Economics

  • Validator rewards: Earn $ASX for block production and services
  • Delegation: Token holders delegate stake and share in rewards
  • Security: Economic finality backed by stake‑based incentives and penalties

1.4 Network and Platform Fees

  • Gas fees: Execution costs for on‑chain transactions
  • Platform fees: Trading and marketplace interactions
  • ARC37 actions: Fees for minting, division, and lifecycle events

1.5 Issuance and Dividend Settlement

  • Issuance fees: Payable in $ASX for compliant token creation under ARC37
  • Dividend rails: Fees for distribution and reconciliation of payouts
  • Operational costs: Oracles, attestations, and reporting services

1.6 Trading, Liquidity, and Markets

  • CEX listings: OKX, Binance, MEXC, LBank, BitMart, XT.com
  • DEX markets: Uniswap pools for decentralized trading
  • Asentum LP: Platform‑upheld liquidity pools for RWA rails

See also Token Overview and Token Distribution.