# 0max1 Token

The 0max1 Token is the utility and governance token, mined exclusively by USDi and 0max1 token holders. There are no pre-sales, private sales, or pre-mining events for the 0max1 token. The tokens are created by the community and are fair-launched exclusively for the community.

 

<figure><img src="/files/TjbiAgbae8kBKSiSR5eq" alt=""><figcaption></figcaption></figure>

### Governance&#x20;

Key configurations for the protocol are decided by 0max1 holders through voting. Here is a list of key configurations:

<table><thead><tr><th width="211">Configurations</th><th width="438">Discription</th><th>Value</th></tr></thead><tbody><tr><td>Reserve %</td><td>the percentage that distributed to reserve pool</td><td>100%</td></tr><tr><td>0max1 Token Rewards</td><td>the issue speed of 0max1 token</td><td>/Block</td></tr><tr><td>0max1 Token Rewards % for 0max1 Holders</td><td>the percentage that distributed to 0max1 token holders</td><td>0%</td></tr><tr><td>Yield Booster</td><td>the USDi booster rewards for 0max1 token holders</td><td></td></tr><tr><td>Target APR Funding</td><td>the fund from reserve to achieve a target APR</td><td></td></tr></tbody></table>


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