Liquidity Rewards
Last updated
Last updated
FLP acts as the bloodline of the platform. Hence, in order to incentivise and bootstrap liquidity in early days, FXDX will reward esFXDX to early adopters of FLP.
All Liquidity Providers of FXDX, will be rewarded:
65% of the platform revenue in USDC
esFXDX (During bootstrapping event)
FXDX converts the collected revenue and stores it in stablecoin such as USDC. This ensures the rewards are not exposed to volatility of price actions.
FXDX now allows FLP holders to cash out their reward in any asset of their choice apart from USDC as well. This allows FLP holders to exercise more freedom when it comes to manage their risks.
Now FXDX pays you to refer Liquidity Providers. For each successful referral, buy/mint FLP action, the referral will get upto 25% of the fees paid by the LP. The actual rewards is based on tier of the referral. For detailed information, one can check this page out: .