Emission Schedule
Last updated
Last updated
SWPx token emissions occur weekly, with a maximum predictable supply, though they can be allocated flexibly across various destinations.
What are Emissions?
In a DEX, emissions refer to the distribution of tokens as rewards for providing liquidity.
The initial total supply is 40M SWPx, with an initial emission of 2M SWPx. Emissions will decay at a rate of 1% per epoch for the first four weeks, increasing to 2.5% starting from the fifth epoch, leading to a gradual reduction in weekly SWPx emissions over time.
What is Decay?
“Decay” refers to the mechanism designed to reduce the weekly emissions of SWPx progressively.
Liquidity Providers: 92% to 62% over time
Rebase: Starts at 10%, increasing by 1% weekly until reaching 30%
Referral System: 0% to 5%
Treasury Allocation: 3%
Rebase
Rebase protects voting power holders from the dilution of their shares, allowing them to claim up to 30% of the new emissions each week to maintain their proportional influence within the system.
The SWPx token does not have a fixed total max supply. Emissions start at 2M tokens per week, decreasing by 1% each week for the first four epochs, then shifting to a 2.5% weekly decrease from the fifth epoch to the seventeenth. Starting from epoch 18, the decay drops to 0.5% per week. Emission Sheet:
