> For the complete documentation index, see [llms.txt](https://phemex.gitbook.io/phemex-web3-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://phemex.gitbook.io/phemex-web3-whitepaper/incentives/trading-rewards.md). # Trading Rewards 12.5% of total token supply, or 125 million tokens will be distributed from the Phemex DAO treasury as trading rewards for all PSP holders. \ \ Additionally, 100 million tokens will be available to be [pre-mined as xPT](/phemex-web3-whitepaper/incentives/trading-rewards/xpt-pre-mining.md), prior to the TGE date in Q3 2023. All xPT will be automatically converted to on-chain PT during token launch. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://phemex.gitbook.io/phemex-web3-whitepaper/incentives/trading-rewards.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.