FXDX & esFXDX

FXDX is the multi-purpose governance token of the platform.

The utilities of FXDX tokens are:

  1. Governance & Voting

  2. Fees Discounts on Staking (Coming Soon)

  3. Staking Rewards

One can stake FXDX on the platform to earn rewards.

Escrowed FXDX (esFXDX)

Escrowed FXDX is FXDX token linearly vested over a period of 1 year. It allows FXDX to distribute token rewards to early adopters, stakeholders and contributors of the platform without affecting market in advance to incentivise early users which later on are expected to become long-term users of the platform. Each esFXDX is same as FXDX in value. All esFXDX must be vested in the Vesting Vault to get FXDX linearly over the period of 1 year. This is to prevent bad actors and reward all long-term supporters.

Staking

One can stake FXDX & esFXDX on the platform to earn:

  1. Escrowed FXDX

  2. Multiplier Points

Multiplier Points are rewards to long-term FXDX and esFXDX stakers. More Info.

FXDX stakers are rewarded equivalent to 25% of the platform gross revenue in esFXDX.

One can claim their esFXDX and:

  1. Stake to earn rewards like FXDX

  2. Vest to get actual FXDX linearly on daily basis upto 365 days.

  3. Stake it to get more esFXDX.

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