# The Paybox Token

$PAYBOX is the governance token for paybox, and it's what drives the app. Holders of PAYBOX tokens unlock a variety of benefits when using Paybox, including discounts on in-app cryptocurrency purchases. PAYBOX holders can also participate in the governance of Paybox and can vote on Paybox update proposals, helping to shape the development of the app.

* Buyer's get rewarded with $PAYBOX tokens.
* When buyer request for a refund, they must use $PAYBOX tokens.
* In case of a dispute between seller and buyer, $PAYBOX tokens are used as a deposit.
* Community voters must use Paybox token to vote.

### Token distribution

![](https://418869147-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MdFgJLnixcxovUeJ5n3%2F-MifJvIz5R0Q86HCrwxg%2F-MifKI1GvPRv-6iF0X2h%2Fchart1.jpg?alt=media\&token=3187e100-1605-4057-9e8e-c95e00307e76)

![](https://418869147-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MdFgJLnixcxovUeJ5n3%2F-MifJvIz5R0Q86HCrwxg%2F-MifKQgebfaaAbAccP9U%2Fchart2.jpg?alt=media\&token=6f8211b7-dd0b-4900-b90c-9d5e1604d276)