roadmap/content/vac/tke/g/codex/cdx.md

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---
title: "Analysis of the Codex Token"
---
### `vac:tke::codex:cdx`
---
```mermaid
%%{
init: {
'theme': 'base',
'themeVariables': {
'primaryColor': '#BB2528',
'primaryTextColor': '#fff',
'primaryBorderColor': '#7C0000',
'lineColor': '#F8B229',
'secondaryColor': '#006100',
'tertiaryColor': '#fff'
}
}
}%%
gantt
dateFormat YYYY-MM-DD
section Codex
CDX :, 2024-02-01, 2024-07-01
```
- status: 95%
- CC: Frederico
### Description
Codex token as utility token for all participants (collateral and payment), impact on system security.
### Justification
Development of Codex own utility token. As part of the Codex Technical Milestone #5 ("Tokenomics").
### Deliverables
- Specific parts of three chapters of the Codex Litepaper (Use Cases, Contract Lifecycle, and CDX Tokenomics) (the milestones [cdx-fees](cdx-fees.md), [cdx-insurance](cdx-insurance.md), and [cdx-lender](cdx-lender.md) cover the remaining parts of these chapters).
- One section of the Codex Whitepaper (CDX Tokenomics)
### Tracking Metrics
Completion of the respective sections in the Codex Litepaper and Whitepaper.
### Work breakdown
- Definition and analysis of Codex economy
- CDX as utility token for all participants (collateral and payment).
### Perceived Risks
Technical and legal constraints.