# What is $WAXMDZ?

*The Utility Token Powering the Waxy Modoz Ecosystem*

By [WAXY MODOZ](https://paragraph.com/@waxymodoz) · 2025-07-18

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In the world of Waxy Modoz, beauty isn't just collectible—it’s functional. Powered by the WAX blockchain, **$WAXMDZ** is the official utility token of the Waxy Modoz NFT project. It bridges the seductive art of digital collectibles with real on-chain mechanics.

### 🔹 What Can You Do With $WAXMDZ?

*   🗃 **NFT Staking**  
    Stake Waxy Modoz NFTs to earn $WAXMDZ tokens through platforms like [WaxDAO](https://waxdao.io) and Taco.
    
*   🎁 **Reward Pool Access**  
    Holders of $WAXMDZ gain access to exclusive reward programs, including drops, whitelist slots, and community bonuses.
    
*   🏆 **Backed NFTs**  
    Some Waxy Modoz NFTs are _backed_ with $WAXMDZ, giving them real intrinsic value that can be redeemed or traded.
    
*   📦 **Pack Utility (Coming Soon)**  
    $WAXMDZ will be used in future NFT pack drops for unlocking premium content, bonus collectibles, or tiered rewards.
    

### 🔸 Supply & Distribution

*   **Total Supply**: 1,000,000,000 $WAXMDZ
    
*   **Decimals**: 8
    
*   **Initial Listing Price**: 0.0000003 WAX
    

Distribution will be handled through:

*   ✅ NFT staking rewards
    
*   ✅ Community airdrops
    
*   ✅ Liquidity farming
    
*   ✅ Founder & development reserve
    

> ⚠ Note: No private sale or presale. We believe in fair distribution.

WAXMDZ isn't here for hype—it’s designed to build a lasting, interactive, and rewarding ecosystem around adult-themed digital art. Our token fuels access, rewards loyalty, and anchors our collectibles in something real.

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[Share](https://paragraph.com/@waxymodoz/Cfw5zQfdXERlul8MEa9x)

[Collect](https://paragraph.com/@waxymodoz/Cfw5zQfdXERlul8MEa9x)

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*Originally published on [WAXY MODOZ](https://paragraph.com/@waxymodoz/what-is-dollarwaxmdz)*