# Ion / ibcx

**URL:** <https://forum.osmosis.zone/t/ion-ibcx/25>\
**Category:** ION\
**Created:** [June 16, 2023, 2:49pm UTC](https://forum.osmosis.zone/t/ion-ibcx/25 "2023-06-16T14:49:58Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Wosmongton](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.osmosis.zone/wosmongton/32/25_2.png) [@Wosmongton](https://forum.osmosis.zone/u/Wosmongton)\
**Post date:** [June 16, 2023, 2:49pm UTC](https://forum.osmosis.zone/t/ion-ibcx/25/1 "2023-06-16T14:49:58Z")

</div>

ION is the second token native to Osmosis, airdropped at genesis and finding its own use case through a DAO structure.

> **[ION DAO | Stake](https://ion.wtf/)**
>
> ION DAO Governance

The first product, IBCX is an index token designed to represent the IBC ecosystem.

> **[IBCX, the Interchain Index Token](https://index.ion.wtf/)**
>
> IBCX is a Fully-Collateralized Index Token that represents the Interchain Ecosystem — Backed by the best Cosmos coins and Transparently governed by the ION DAO.