# Token Utility

The ONI token is designed to be at the core of the ONI DEX ecosystem, serving multiple purposes that benefit holders and participants:

1. **Trading Fees**: Token holders can use ONI to pay for trading fees on the platform, enjoying reduced rates compared to standard fees.
2. **Staking Rewards**: Users can stake their ONI tokens to earn rewards, participating in the liquidity provision and securing the network.
3. **Governance**: ONI token holders have the right to participate in governance decisions, including updates to the platform and the introduction of new features or changes to the burning mechanism.
4. **Lottery Participation**: ONI tokens can be used to enter lottery draws on the platform, offering users a chance to win prizes while also contributing to the token burn mechanism.
5. **Exclusive Access**: Holding ONI tokens may grant users exclusive access to special features, services, or early launches within the ONI DEX ecosystem.
6. **Deflationary Rewards**: The deflationary mechanism ensures that the value of ONI tokens is poised to increase over time, rewarding long-term holders and users.
7. **Spheres Profit Share:** \
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   **First Year**: 20% of the profits from all DEX features will be allocated to the Spheres pool. Rewards will be distributed daily, and users can claim them.<br>

   **Second Year**: 15% of the profits from all DEX features will be allocated to the Spheres pool.

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   **Third Year and Beyond**: 10% of the profits from all DEX features will be allocated to the Spheres pool.

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   **Additional Benefits for Sphere Owners**<br>

   Game Token Distribution: Sphere Access Key owners will receive a share of every game token released under our Gaming category on the DEX platform.

   Exclusive Access: Early access to new features and special events within our DEX ecosystem.\
   New tokens from every added blockchain claimable in Spheres Dashboard.