# Core Utility of INDX

The primary goal of the INDX token is to promote the long-term development of the Cryptoindex protocol. This is made possible by satisfying the interests of all stakeholders, as well as fairly rewarding them. 

To achieve this goal, Cryptoindex has developed a utility of a single token that facilitates their interactions, maximizing the value obtained:

* <mark style="color:blue;">**Index Creators:**</mark> By creating indexes through the protocol, creators receive a percentage of income in INDX tokens from exit, entry, and management fees paid by users for interacting with their indexes, as well as seasonal rewards.
* <mark style="color:blue;">**Index Buyers:**</mark> By purchasing indexes, users not only benefit from the index's performance but also gain the opportunity to receive rewards in INDX tokens through the incentivization program and additional rewards for index holders.
* <mark style="color:blue;">**Liquidity Providers:**</mark> By creating decentralized pools on DEX that include protocol tokens (INDX, index tokens) and adding liquidity to existing pools, users have the opportunity to receive rewards in INDX tokens through rewards for LPs.

Thus, the INDX token becomes the fuel for securing and maintaining all the core processes of the Cryptoindex platform, as well as a key element of the user incentivization programs.

<figure><img src="https://4002387834-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FglHqfwdVqKPEO0QRHhHR%2Fuploads%2FEEgZQ5JMp71SB3VFGe4l%2F23.png?alt=media&#x26;token=d38046e9-d43c-452b-b924-a6d14c901ae9" alt=""><figcaption></figcaption></figure>

Here is the core functionality for INDX token holders:

* <mark style="color:blue;">**Creators Subscription:**</mark> To create indexes and perform their subsequent maintenance, the user needs to purchase a subscription for INDX tokens. More detailed information is presented in the [Creators Subscription](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/more-details-about-indx-utility/creators-subscription) section.
* <mark style="color:blue;">**Entry/Exit Fee:**</mark> The index creator introduces fees for entering and exiting the index, which the user pays in INDX tokens. More detailed information is presented in the [Fee Structure](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/platform-features/fees-structure) and [Index Holders Fees](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/more-details-about-indx-utility/index-holders-fees) sections.
* <mark style="color:blue;">**Management Fee:**</mark> The index creator can enter an index management fee, which is charged in INDX tokens. More detailed information is presented in the [Fee Structure](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/platform-features/fees-structure) and [Index Holders Fees](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/more-details-about-indx-utility/index-holders-fees) sections.
* <mark style="color:blue;">**Incentivization Program:**</mark> To reward long-term users who have shown loyalty and made a significant contribution to the development of the product, the platform has created a special incentivization pool. To become a participant in the incentivization program, a user must lock INDX tokens in the pool. The amount of the reward and the size of the entry/exit fee reduction depends on the type of the pool. More detailed information is presented in the [Incentivization Program ](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/more-details-about-indx-utility/incentivization-program) section.
* <mark style="color:blue;">**Additional Rewards for Indexes Holders:**</mark> The Cryptoindex platform offers index token holders the opportunity to earn additional rewards in INDX tokens for long-term holding. More detailed information is presented in the [Additional Rewards for Indexes](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/more-details-about-indx-utility/additional-rewards-for-index-holders) Holders  section.
* <mark style="color:blue;">**Additional Rewards for LPs:**</mark> Users can support the platform by providing liquidity to the INDX pools and index tokens, receiving rewards from the platform for doing so. More detailed information is presented in the [Additional Rewards for LPs](https://cryptoindex-1.gitbook.io/cryptoindex-whitepaper/more-details-about-indx-utility/additional-rewards-for-lps) section.