* **Name:** Ouroboros
* **Symbol/Ticker:** ORX
* **Contract Address:** 0xd536e7a9543cf9867a580b45cec7f748a1fe11ec
* **Max Supply:** 1,270,600,000 (but likely to be much lower. See [Vesting Schedule](/the-ouroboros-usdorx-token/launch-participation-mechanics.md) for more details)
* Supply Breakdown:
* 1,000,000,000 tokens emitted via the [launch mechanism](/the-ouroboros-usdorx-token/launch-participation-mechanics.md)
* 600,000 tokens emitted for initial liquidity provisioning (locked, smart contract controlled)
* 20,000,000 tokens which *may* be emitted via the onboarding system
* 200,000,000 Backstop Pool incentives (optional, not on at launch)
* 50,000,000 USDX/WETH incentivised UniswapV2 farm (optional, not on at launch)
## Purpose
The ORX token sits at the center of the Ouroboros ecosystem, and acts as the **primary value accrual mechanism for the protocol**. Any products launched under the Ouroboros umbrella will be required to divert **fee sharing/inflationary rewards to ORX holders**. Protocols which have no fee/inflation structure should make use of ORX in some manner to enrich it with usecase/utility.
## Further Reading
1. [Pumpamentals](/the-ouroboros-usdorx-token/pumpamentals.md)
2. [Launch Mechanics](/the-ouroboros-usdorx-token/launch-participation-mechanics.md)
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