> For the complete documentation index, see [llms.txt](https://docs.position.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.position.exchange/posi/what-is-posi.md).

# What is POSI?

![](/files/UFxqwlNSErPe5Wd3y0N3)

### 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="/pages/-Mdp4isvx2I4SlgotHCz" %}
[Position Exchange Introduction](/master.md)
{% endcontent-ref %}


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