If you’re exploring @IPXExchange , it’s worth understanding the three main assets and how fees work. Here’s a simple breakdown: 1. $IPX The protocol’s native token, with a fixed supply of 1 billion. It plays a role in purchases, project markets after graduation, and staking for a variable share of the Protocol Vault. 2. USDC This is the main currency used for production funding. The funds stay in escrow and are released as project milestones are approved. 3. Project Token Each project has its own token. Some are sold during fundraising, while others are reserved for market liquidity, the team and vesting. How the fees work: • Router fee: 0.5% goes to the Treasury. • Cashout fee: 10% of the stated production budget. • Vault and project-market trading fees: 85% to relevant stakers and 15% to the Treasury. Another interesting detail is that longer $IPX staking periods come with higher multipliers, reaching 3.5x for a 12-month lock. Of course, rewards aren’t guaranteed. They depend on what the Protocol Vault actually receives. Understanding these details makes it easier to see how the IPX ecosystem is designed.