# What is POSI?

![](https://708384545-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mdp4fjGfZFcARkxFmyK%2Fuploads%2FmzKsIRqMRjyjgYCmXQpC%2Fwhatisposi.png?alt=media\&token=93d5a064-c62f-4a54-b045-9277584d7449)

### Token specs 

| Token Name       | Position Exchange Token                                                                                            |
| ---------------- | ------------------------------------------------------------------------------------------------------------------ |
| Token Ticker     | POSI                                                                                                               |
| Token Type       | BEP20                                                                                                              |
| Token Supply     | 100,000,000                                                                                                        |
| Contract Address | [0x5CA42204cDaa70d5c773946e69dE942b85CA6706](https://bscscan.com/token/0x5CA42204cDaa70d5c773946e69dE942b85CA6706) |
| Coinmarketcap    | <https://coinmarketcap.com/currencies/position-exchange/>                                                          |
| Coingecko        | <https://www.coingecko.com/en/coins/position-token>                                                                |

## What is POSI ? - A Token for the Community&#x20;

**POSI** is Position Exchange’s native BEP20 token empowering its ecosystem. In addition to being a utility token and providing **liquidity, holding** and **trading** incentives, **POSI** token is designed to facilitate and incite the decentralized governance of the protocol.&#x20;

#### **Cases of use:**

* **POSI** token holders can generate passive income by staking their tokens in the staking pools and receive rewards in return - See Staking section.
* **POSI** token can holders can farm LP tokens - See Farming Section
* **POSI** token can be used to cast NFTs - See NFTs section.
* **POSI** token holders can participate in the platform’s governance by proposing and voting for changes.
* **POSI** token holders will be sharing a 1% fee from transactions while just holding the tokens.
* **POSI** token holders can perceive Trading Protocol fee discounts&#x20;
* And much more to come.&#x20;

Learn more about "What is Position Exchange?"

{% content-ref url="../master" %}
[master](https://docs.position.exchange/master)
{% endcontent-ref %}


---

# Agent Instructions: 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:

```
GET https://docs.position.exchange/posi/what-is-posi.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
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.