# esGMXkey

<figure><img src="https://4267674553-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQlALOsZR7VU1FwypOxtC%2Fuploads%2FHN0W8BmM5m7REpaC8AYN%2FFrame%207%20(2).png?alt=media&#x26;token=1308434a-0c3b-4579-ad4a-c5ecb4f6116b" alt=""><figcaption><p>esGMXkey</p></figcaption></figure>

esGMXkey is the utility token for Key Finance, which is matched to esGMX (non-transferable) in GMX.

* esGMXkey tokens are minted at a 1:1 ratio for each esGMX
* Key Finance receives esGMX tokens from users.
* Key Finance stakes all esGMX at GMX.
* Key Finance receives rewards from GMX and distributes them to esGMXkey stakers.
* Key Finance provides esGMXkey stakers with rewards equivalent to those provided by staking GMX tokens, including ETHs and MPs.
* The MP rewards are provided in the form of MPkey, which can be also tradable at the LP pool.

User can get esGMXkey in a couple of ways. 1) [DEX (Uniswap v3)](https://uniswap.org),  2) [Key Finance ('Wrap' tab)](https://app.gmxkey.com/wrap)