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It's explained in detail on the website, but it's an INDEX token for hive-engine. Which aims to follow the majority of the tokens on the market.

only. So pls what's the token utility?

You can invest in index and it will invest for you in tokens on hive-engine, so when these tokens go up in value, the same will happen for index and you will be able to sell them with profit. Just like an index fund on the stock market.

Thanks for elaborating. Now I understand what it is.