# $MIN Tokenomics

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

<figure><img src="https://3050261748-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mb6kABTQvTeYDjx9qXI-887967055%2Fuploads%2Fgit-blob-3dd4e4ab326fc841773bf1466c39b93aad40c9e1%2FMinomics%20V2.png?alt=media" alt=""><figcaption></figcaption></figure>

## $MIN Utility

Here are the current Utilities of the $MIN Token:

1\) [Stake $MIN to earn $ADA](https://docs.minswap.org/min-token/usdmin-tokenomics/fee-switch) 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.