Old Tokenomics
Litedex have 2 mechanism of create emission supply :
Initial Total Supply
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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