> For the complete documentation index, see [llms.txt](https://whitepaper.smart-places.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.smart-places.io/whitepaper/usdspxt-token/tokenomics/ispo.md).

# ISPO

An ISPO is a method of distributing tokens where users stake their existing $ADA in a specific stake pool. Instead of earning more of that cryptocurrency as rewards, they earn a new token – in this case, $SPXT. SmartPlaces participated in the world’s first Multi-Token ISPO, facilitated by the Genius X team. More information can be found at [www.genius-x.co/ispo](http://www.genius-x.co/ispo).