Token Roles: $eMDR and $MDR

Modulr uses a two-token system designed for flexibility, fairness, and long-term alignment. Each token plays a specific role in how value moves through the network.

Note: Looking to buy or trade outside of our native chain? $eMDR is the only Modulr token available on public exchanges (on Ethereum).

$MDR is the internal tokens used within the protocol for rewards, services, and infrastructure. You don’t trade it, you earn them by contributing to the network.

Want to move between $eMDR and $MDR? We've made it seamless, check the next page for how it works.

$eMDR: Governance & Access

$eMDR is the ERC-20 token used for onboarding, governance, and network access. It’s backed 1:1 by $MDR on the native chain.

It lets holders:

• Stake for early access to features like Modulr.Robotics

• Reserve digital assets such as usernames or services

• Access Modulr without needing to earn on-chain rewards directly

$eMDR is fixed in supply and acts as a bridge into Modulr for users, developers, and investors who want to participate without running hardware or validating tasks.

$MDR: The Engine Behind Modulr

$MDR powers every part of the Modulr ecosystem. It’s the currency for compute, storage, and access, but also fuels the economies of co-chains running on Modulr. It’s used for:

• Paying for compute, storage, and access jobs

• Validator rewards and node incentives

• Running co-chains and deploying new services

• Buying and selling digital assets inside co-chains

• Microtransactions, subscriptions, and in-app rewards

• Swapping with other tokens within Modulr-powered marketplaces

$MDR is both the utility and the reward mechanism. Validators earn it for securing the network, and builders use it to power their applications without needing to rely on outside currencies.