> For the complete documentation index, see [llms.txt](https://gitbook.gamersxp.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gitbook.gamersxp.io/whitepaper/economy/gamersxp-token-usdgmxp.md). # GamersXP Token $GMXP ## GamersXP Token $GMXP * Exchangeable on Tier 1 CEXs and DEXs * Spend $GMXP across platform products: dApp schemes, NFTs, Giveaway entries, Marketplace purchases, and more * Earn through GamerXP dApp, raffles, or tournament victories * Boost earnings by playing games and accessing prize-winning opportunities * Users will be able to swap, stake, and add to liquidity pools via GamersXP DeFi App for passive income Transaction Fees & GMXP Utility: * GMXP transaction fees: 4% per transaction * Breakdown: 2% burned, 20% distributed to holders, 78% to research & development wallet for growth * GMXP Token: ERC-20 deflationary utility token, powered by Matic Network * Utility: Purchasing game schemes, eSports entry, minting user NFTs, giveaway tickets, P\&E game purchases, and crypto-rewards and mnay more * Ecosystem Currency: GMXP used as the ecosystem's crypto-reward currency Rewarding Crypto Holders: * 20% of fees rewarded to holders * Not a revenue share with GamersXP or any company * Independent, non-affiliated users receive the fee split * Reflects smart contract popularity, not company efforts Token Burn: * 2% fee burned * Result: Continuous supply decrease, creating deflationary token model --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://gitbook.gamersxp.io/whitepaper/economy/gamersxp-token-usdgmxp.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.