# xKIM Token

Name: **Kim Escrowed Token**\
Ticker: **xKIM**\
Chain: **Mode**\
Contract: [0x4D850FE01F07BEd416558A34dbde88bA60aE19BE](https://explorer.mode.network/token/0x4D850FE01F07BEd416558A34dbde88bA60aE19BE)

When you stake your KIM tokens, you receive a proportional amount of xKIM, the non-transferable governance token of the Kim ecosystem. It can be earned from yield-generating kim positions (kpNFTs), or through direct KIM conversion.

The central use case for xKIM is the ability to allocate it to Plugins. This consists of staking xKIM into the token contract and assign the deposited amount to a plugin in exchange for various benefits.

<figure><img src="/files/UJlmIgY1VcFcjL8Js9Yb" alt=""><figcaption></figcaption></figure>


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