# SCIX Token

The Scientix team believes in the values of fair launch. So 100% of the tokens will be obtained by staking certain tokens and liquidity pool tokens in the Staking Pools contract.

* The Scientix team has access to an exclusive staking pool, which will receive 25% of the SCIX block reward.
* 15% of SCIX tokens are reserved for future strategic expenses. These include listing fees, audits, third-party services, liquidity for partnerships, etc.
  * 1% of the SCIX tokens will be the incentives of 5 multi-sig cosigners which will be the initial governance DAO until fully on-chain governance is ready.
  * 2% of the first year SCIX supply will be mint at the launch time as the funding of initial liquidity provisioning, auditing fees, early development, marketing, hiring and etc.
* ALPACA token holders have access to an exclusive staking pool, which will receive 5% of the SCIX block reward.
* Stakers and liquidity providers are eligible to obtain 55% of the SCIX block reward.

![](/files/-Mij-T0K5RZG0YL52BNd)

## 🥤 What is the SCIX token used for?

### **Governance**

SCIX Tokens give holders governance rights over the direction of the protocol and use of the treasury.

The Scientix DAO will begin as a developer multisig (2 votes from ALPACA, 2 votes from Scientix, one vote from independent signer) with signaling through the Snapshot app. It will transition into a feature complete DAO.

### **Farming**

33% of SCIX tokens are for SCIX/BUSD PancakeSwap LP token&#x73;**'** farming. This pair will provide a liquid market for SCIX tokens. &#x20;

11% of SCIX tokens are for SCIX tokens' farming. This pool is to reward those SCIX holders who may not be able to join the SCIX/BUSD pool because of too much risk. The lifetime of this pool will be determined by the community.&#x20;

### **Capture Economic Benefits of the Platform**&#x20;

10% of ALPACA yields will be transferred to the treasury. All of them will be distributed to stakers of SCIX.&#x20;


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