> For the complete documentation index, see [llms.txt](https://medusaswap.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://medusaswap.gitbook.io/docs/token-issuance/about-usdmids-token.md).

# About $MIDS Token

#### **What is the name of your token?** <a href="#what-is-the-name-of-your-token" id="what-is-the-name-of-your-token"></a>

HydraSwap’s token is named $MIDS.

#### **What kind of sale will it be?** <a href="#what-kind-of-sale-will-it-be" id="what-kind-of-sale-will-it-be"></a>

This is to be announced, please join us on our official channels and stay tuned for more details to follow.

#### **When is the token sale?** <a href="#when-is-the-token-sale" id="when-is-the-token-sale"></a>

The token sale will be announced soon. Stay tuned for the official date and there will be a few ways to get access to tokens at launch.

#### **Which exchange is the project going to be listed on?** <a href="#which-exchange-is-the-project-going-to-be-listed-on" id="which-exchange-is-the-project-going-to-be-listed-on"></a>

We are unable to announce any news on the exchange listing right now, but we can provide 2 names (Raydium + MEXC Exchange + and for sur our DEX app) , stay tuned for some good news.

#### **Did you have a private sale?** <a href="#did-you-have-a-private-sale" id="did-you-have-a-private-sale"></a>

45% of tokens were allocated to the private sale. For supporters of the early development of the project. All subject to 12 months of vesting.

#### **Did you have a presale? What is the vesting schedule like?** <a href="#did-you-have-a-presale-what-is-the-vesting-schedule-like" id="did-you-have-a-presale-what-is-the-vesting-schedule-like"></a>

The presale was completely funded internally by the core team members. 1% of tokens were allocated on the presale, with a 12 months of vesting.

#### **What is the max supply of $MIDS?** <a href="#what-is-the-max-supply-of-usdhys" id="what-is-the-max-supply-of-usdhys"></a>

Total supply of $MIDS is 1,000,000,000

#### **What is the purpose of the $MIDS token?** <a href="#what-is-the-purpose-of-the-usdhys-token" id="what-is-the-purpose-of-the-usdhys-token"></a>

$MIDS serves as MedusaSwap's governance token and utility token.

#### **What are my benefits as a $MIDS token holder?** <a href="#what-are-my-benefits-as-a-usdhys-token-holder" id="what-are-my-benefits-as-a-usdhys-token-holder"></a>

With $MIDS, it allows users to conduct crucial activities such as staking, liquidity mining and profit sharing via token buyback. Additionally, a user would be granted the following rights:

* Proposal and voting rights
* IDO and crowdfunding quota on MedusaSwap
* Transaction fee discount
* Transaction fee dividends
* Governance rights