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

# $MIN Tokenomics

The Minswap **Token Distribution** is the following:

<figure><img src="/files/tL9faGCNCPsUBvgpCm3X" alt=""><figcaption></figcaption></figure>

## $MIN Utility

Here are the current Utilities of the $MIN Token:

1\) [Stake $MIN to earn $ADA](/min-token/usdmin-tokenomics/fee-switch.md) Real Yield coming directly from Trading Fees.

2\) Hold $MIN to obtain [Trading Fee Discounts](https://github.com/minswap/docs/blob/master/min-token/usdmin-tokenomics/broken-reference/README.md).

3\) Vote with your $MIN in [Governance](https://github.com/minswap/docs/blob/master/min-token/usdmin-tokenomics/broken-reference/README.md) such as where the $ADA in Minswap LPs should be staked, or deciding on how that $ADA votes in Catalyst.


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