# Tokens & Staking

The $FOX token is integral to the Foxify platform, serving as the primary utility token. It is designed to facilitate various functions within the ecosystem, including staking to earn rewards. The token operates on a deflationary model, where organic burns are executed to reduce the total supply, creating scarcity. \
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30% of Net Trading fees are used to buy FOX from the market and deposit into the staking pools.\
\
$FOX Token Contract Address: 0x261dfa2528dfa19011f10b168c856e02baaf0eb6

Users have the option to choose from two staking pools, to earn rewards in FOX, as follows:

1. **FOXIFY Staking:**
   * Earn rewards through trading fees.
   * Rewards are auto-compounded.
   * No fees or lock restrictions.
   * [Stake Now](https://beta.foxify.trade/staking)
   * FoxifyMaxi (Staking Receipt) Contract Address: 0x3725B740b33E75898e4e2E616E9BB519884edd37
2. **ebFOX Staking Pool (Earn and Burn FOX):**
   * 50% of the withdrawal fees are distributed proportionately to stakers, rewarding long term stakers.
   * 50% of fees from withdrawal fees are burned.
   * Withdrawal fee: 15%.
   * [Stake Now](https://beta.foxify.trade/staking)
   * Contract Address: 0xbd87a909f9a40fdad6d9be703e89a0383064d0ab\ <br>

**ebFOX Roles**<br>

* Stake 1,000 FOX in the ebFOX pool and verify in discord to become a cunning FOX, gaining access to our private chat, where trading signals are shared, early access offers and a dedicated monthly AMA for verified token holders. Monthly giveaways are also run for verified holders.
* Stake 2,000 FOX to become a coveted GOLDEN FOX, or 5,000 tor PLATINUM FOX for even more exclusive access and larger giveaway prizes,&#x20;


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