> For the complete documentation index, see [llms.txt](https://docs.impermax.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.impermax.finance/tokenomics.md).

# Tokenomics

- [IBEX Token Distribution](https://docs.impermax.finance/tokenomics/ibex-token-distribution.md): How was the token supply distributed?
- [IBEX Token Utility](https://docs.impermax.finance/tokenomics/ibex-token-utility.md): Holders can stake IBEX to receive profits generated by interest payments. IBEX is also a governance token that will give voting rights when governance is rolled out.
- [IBEX Staking](https://docs.impermax.finance/tokenomics/ibex-staking.md): Users can stake IBEX to earn rewards from interest payment fees paid to the protocol.