> For the complete documentation index, see [llms.txt](https://docs.dexponent.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dexponent.com/beta-rewards.md).

# Beta rewards and bDXP

**bDXP means Dexponent Beta Token. It is separate from the eventual production DXP token.** It is used for beta reward accounting and distributions when a campaign is announced.

The beta token design is intentionally simple: a separate token with a **21 billion maximum supply**, admin-controlled minting and team-run reward distributions. This cap does not mean all tokens are minted, circulating or allocated to rewards.

This page does not announce a token deployment, contract address, active reward budget or distribution date. Use only an address and campaign terms explicitly confirmed through official Dexponent channels.

## How campaigns work

The team defines eligible actions, tracks participation, checks results and distributes bDXP. A campaign may recognize LP participation, manager activity or useful testing feedback.

Before participating for rewards, check the campaign's:

* Start and end dates.
* Eligible actions and wallet/account requirements.
* Total reward budget, allocation method and any per-user cap.
* Rules for duplicate accounts, self-dealing or invalid activity.
* Distribution timing and how to raise a tracking issue.

A deposit or trade does not automatically earn bDXP. Only the announced campaign terms create eligibility.

## Illustrative campaign

Suppose a campaign allocates **10,000 bDXP** across accepted test activities using points. If you earn 25 of the 1,000 final eligible points, your allocation is:

**10,000 × 25 / 1,000 = 250 bDXP.**

This is a worked example, not an active offer. It gives no USDC value, APR or APY to bDXP.

## What bDXP does not represent

bDXP is not a DTF share, a claim on LP deposits or protocol revenue, or a promise of conversion into production DXP. No market price, liquidity or financial return is promised.

The beta does not include bDXP staking, gDXP revenue sharing, token-based AUM tiers, a halving schedule or token governance. Production token design and any future benefits will be announced separately.

Your DTF investment performance and withdrawal rights are separate from reward tracking. See [fees](/fees-and-costs.md) and the [LP guide](/stakeholders-guide/liquidity-providers.md).