β¨V1 Features
All features in the table will be integrated into V1.
Function List | Requirements |
1.DePIN-Native Liquidity Pool | Implement the native liquidity mechanism to enable token swapping functionality with customized fees |
2.Initial Supply | The initial supply is 10M 10% for initial liquidiy 90% for airdrop |
3.Rebase | Enable the rebase functionality for veLOXO tokens, allowing for a potential increase of up to 15% for veLOXO holders |
4.Emission | Start weekly emissions at 375,000 $LOXO tokens. 1.veLOXO Rebase per epoch: Up to 15% 2.Emissions for Liquidity Providers: 70% 3.Emissions for Voters: 7%, decreasing to 5% After Epoch 24 4.Emissions for LoxoNFT Stakers: 5% (Until Epoch 24) |
5.Whitelist Pool for DePIN Protocol | Only the pairs in the whitelist could be traded, Meanwhile, the liquidity pairs that are eligible for earning LOXO emissions rewards are limited to specific token pairs. |
6.Trading Fees | Set the trading fee for sAMM (Stable AMM) trades to 0.2%. Set the trading fee for vAMM ( Volatile AMM) trades to 0.5%. |
7.Incentive (Supported by defaults) | Designate incentive rewards as claimable in the next epoch. |
8.Lock $LOXO to receive veLOXO | Introduce a locking mechanism for converting LOXO tokens into veLOXO tokens. Specify lock periods of 2 weeks, 6 months, 1 year, and 2 years. Define conversion rates, such as 1 $LOXO locked for 2 years equals 1 veLOXO, and 6 months locked $LOXO equals 0.25 veLOXO. |
9.veLOXO holders vote to Earn trading fees and bribes | Direct Influence & Rewards: Earn 7% of token emissions per epoch for shaping the protocol's future through voting and earn 40% trading fees revenue Growing Income: From epoch 24, enjoy both token emissions (5% per epoch) and higher trading fee share (70% - 100% after 6 months). -100% of the bribes |
10.LoxoNFT Earn trading fees and royalty | Double Dip: Earn 10% of all trading fees plus 5% of token emissions for the first 24 epochs. Graduated Schedule: Trading fee share starts at 10% (months 1-2), tapers to 8% (months 3-5), and stabilizes at 5% (month 6 onward). Passive Income Stream: Guaranteed income from both fees and emissions, regardless of market conditions. 1% royalty fees goes staking pool |
Last updated