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

title
Analysis of the Codex Token

vac:tke::codex:cdx

---

%%{ 
  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-insurance, and cdx-lender 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.