> For the complete documentation index, see [llms.txt](https://edgex-labs.gitbook.io/edgex-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://edgex-labs.gitbook.io/edgex-whitepaper/tokenomics/incentive-mechanism/token-acquisition-and-conversion.md).

# Token Acquisition and Conversion

Users can accumulate points and convert them through the Claim mechanism as follows:

1. **Convert to $EX Token**:

   The converted $EX tokens can be used for:

   * **Staking**: Users can stake $EX tokens to earn rewards or participate in governance.
   * **Ecosystem Governance**: Participate in network proposal voting and key parameter adjustments.
   * **Advanced Features Access**: Access special node programs or advanced computing services.
   * **AI Agent Usage**: Access ecosystem features, such as AI-based resource management.
   * **Liquidity Provision**: Provide liquidity for $EX trading pairs on decentralized exchanges and earn transaction fee rewards.
2. **Convert to $xPoint**:

   The converted $xPoint can be used within the ecosystem for:

   * **Calling Resources (Agent)**:

     Use $xPoint to pay for calling smart agent services for data analysis, content distribution, or AI model execution.
   * **Product Redemption**:

     $xPoint can be directly used to redeem digital goods or services within the ecosystem, and may also extend to redeeming physical products.
   * **Paying Fees**:

     Use $xPoint to pay for all related fees in the ecosystem, including storage, bandwidth usage, task distribution, and more.
   * **Ecosystem Collaboration**:

     Incentivize partners and developers to participate in ecosystem building and support the funding and expansion of community projects.
   * **Reward Distribution**:

     Used as user incentives, such as rewards for new users, active users, and long-term contributors.