9.1 Utility Token Role in the Ecosystem

The Parax ecosystem is powered by the $PRX token, a multi-utility asset designed to facilitate transactions, incentivize participation, and enable governance within the platform. $PRX serves as the medium for staking, marketplace fee payments, verifier rewards, and premium feature access across all Parax modules, including Parax Mint, Parax Verify, and Parax Market. By integrating $PRX into all core functions, demand for the token grows proportionally with ecosystem adoption.