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.