> For the complete documentation index, see [llms.txt](https://polytrade.gitbook.io/polytrade-gitbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polytrade.gitbook.io/polytrade-gitbook/guides/trade-token.md).

# TRADE Token

1\. **What is TRADE Token?**

TRADE is the in-house utility token of the Polytrade platform. These tokens are used as the key payment and reward instrument within the Polytrade ecosystem.

These are ERC 20 tokens. ERC20 is a standard for fungible tokens created on the Ethereum blockchain network.

2\. **Uses of TRADE Token**

Use cases of TRADE tokens are as follows:

    **a)** Governance of Polytrade platform through validated holders\
   **b)** Staking rewards\
   **c)** Reduced interest rates for sellers for staked TRADE tokens\
   **d)** Invoice discounts for buyers if settlement is done on the Polytrade platform\
   **e)** TRADE token rewards for service providers for participating on the platform

3**. TRADE Token Economy**

| Tokenomics           |    Amount   |
| -------------------- | :---------: |
| Total supply         | 100 Million |
| Strategic Sale Price |    $ 0.08   |
| Seed Sale Price      |    $ 0.04   |
| Private Sale Price   |    $ 0.12   |
| Public Sale Price    |    $ 0.15   |

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4\. **TRADE Token Distribution**

| Token Distribution              | % of Tokens | Number of Tokens |
| ------------------------------- | :---------: | :--------------: |
| Strategic Round                 |    3.25%    |     3,250,000    |
| Seed Round                      |     7.5%    |     7,500,000    |
| Private Round                   |     7.5%    |     7,500,000    |
| Ecosystem Partners and Advisors |      4%     |     4,000,000    |
| Team                            |     17%     |    17,000,000    |
| Public Round                    |    1.33%    |     1,333,333    |
| Community Incentivization       |    39.42%   |    39,416,667    |
| Marketing and LP Rewards        |     20%     |    20,000,000    |
| **Total**                       |     100%    |    100,000,000   |

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![](/files/9wQSOTQ7pKfMBq57DXXS)

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5\. **TRADE Token Emission**

![](/files/NgPVfpOsPCG9Y0ueSoU6)