$DEX Tokenomics
Why did we choose the ticker DEX? Cuz we can. Early bird gets the worm. It's also pretty hard to forget, isn't it.
The $DEX token is the backbone of the XenDEX platform on the X1 Blockchain, serving as both a governance and reward token. Its tokenomics are designed to incentivize community participation, sustain platform growth, and align with a fair and transparent crypto model.
Total Supply
Hard Cap: 500 million DEX
Token Allocation
Allocation
Percentage
Amount (DEX)
Purpose
Mining Reserve & Rewards
34%
170 million
Incentivizes liquidity providers, stakers, and community participants.
Community & Ecosystem Growth
30%
150 million
Funds for ecosystem growth, strategic airdrops, grants, and governance rewards.
Team & Development Fund
15%
75 million
Reserved for the founding team and contributors, aligned with long-term goals.
Initial Liquidity Provision
10%
50 million
Ensures smooth trading, reduced slippage, and market stability.
Reserve Fund
11%
55 million
Reserved for future upgrades, unforeseen needs, or community initiatives.
Allocation Details
🔹 Mining Reserve & Rewards (34%)
Purpose: Incentivizes platform participants who contribute liquidity and stake $DEX tokens.
Reward Structure:
Liquidity Provider Rewards: Encourages users to contribute liquidity, ensuring a robust trading environment.
Staking Rewards: Rewards stakers who lock $DEX for governance participation and platform stability.
Emission Rate: Rewards are distributed based on a pre-defined emission schedule, with adjustments via community governance.
🔹 Community & Ecosystem Growth (30%)
Purpose: Supports ecosystem expansion through community incentives and developer grants.
Community Rewards: Encourages governance participation and liquidity provisioning.
Ecosystem Grants: Funds for developers and projects building within the XenDEX ecosystem.
🔹 Team & Development Fund (15%)
Purpose: Provides fair compensation for the team, sustaining long-term commitment.
Gradual Release: Gradual release to align team incentives with platform success.
🔹 Initial Liquidity Provision (10%)
Purpose: Establishes initial liquidity for $DEX pairs to reduce slippage and enhance market activity.
Deployment: Gradually added to pools as needed to support trading volume and ensure stability.
🔹 Reserve Fund (11%)
Purpose: Reserved for unforeseen expenses, future upgrades, and community-driven initiatives.
Governance Access: Funds can only be released via community governance votes to ensure transparency and accountability.
Governance and Community Involvement
$DEX holders play a crucial role in shaping XenDEX’s future through governance, including:
Adjusting emission rates.
Allocating ecosystem funds.
Funding new community initiatives and platform upgrades.
Commitment to Fair Crypto
No VC or Advisor Allocations: XenDEX is self-funded, prioritizing community benefits and sustainability.
Community-Driven Governance: All major decisions regarding tokenomics and fund allocation are determined through governance voting, ensuring alignment with user interests.
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