Old Tokenomics

Litedex have 2 mechanism of create emission supply :

  1. Initial Total Supply

  2. Block Emission for DeFi Ecosystem

Mechanism

Emission Rate (LDX)

Initial Total Supply

500.000.000

Block Emission

~210.240.000

Total Emission at the First Year

~710.240.000

The more information about Initial Total Supply and Block Emission are informed in the next section.

Initial Total Supply

The Initial Supply of Litedex's platform (LDX) is about 500 million tokens, the initial token supply is used to build an ecosystem, partnership, etc which will be used for several purposes as follows :

Section

% of Total Supply

Size (LDX)

Description

Private Sale

18.00 %

90.000.000

Early Investor

Public Sale

12.00 %

60.000.000

ICO - IEO - IDO

Research & Development

10.00 %

50.000.000

Unlocked in 1 month after

platform launched and

lasts for 5 months

Partnership & Ecosystem

30.00 %

150.000.000

Provide for Partnership & Ecosystem (Liquidity Allocation, Strategic Partnership, etc)

Foundation

24.00 %

120.000.000

Unlocked in 1 year after

platform launched and

lasts for 12 months

Bug Bounty Program

2.00 %

10.000.000

Provide to make

a better system

Smart Contract Insurance

2.00 %

10.000.000

Mitigation Risk Control Management

Community Airdrop

2.00 %

10.000.000

Provide to Litedex

Community

Total Supply

100.00 %

500.000.000

Provide to Build an Ecosystem

Emission Rate

Metric

Emission/block (LDX)

Emission/day (LDX)

Emission

20 per block

~376.000 per day

Effective Emission

20 per block

~376.000 per day

In addition to the above, a dynamic amount of LDX is also minted at a rate of 9.09%. This means that if 100 LDX are harvested, then 9.09 LDX is minted in addition and will be burned.

However, all LDX minted is burned directly after harvesting and never enters circulation. As such, we have not included it in the above emission rate.

Distribution

Distribute to

Reward/block (% of

emission)

Reward/block

(LDX)

Reward/day

(LDX)

Staking

40%

8

~150.400

Farming

60%

12

~225.600

Total Daily Emission

~376.000

Other Deflationary Mechanism

At present, LDX is also burned in the following ways:

  • 9.09% of LDX after Yield Farm harvesting

  • 100% of LDX raised in ILOs

  • 100% of LDX spent on NFT Merchant Creation

  • 2% of every yield harvest in the Auto Stake Compounding

  • 2% of every yield harvest in the Auto Yield Compounding

  • 100% of LDX raised in Burning Phase Competition

  • 1% of LDX raised in every NFT Transaction

This documentation can be updated anytime.

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