Protocol Revenue

SwapX has cleverly woven its revenue model into the fabric of its operations, ensuring that as the platform grows, so do the benefits for its users.

The main revenue streams for SwapX include:

Trading Fees: Every swap on the platform generates fees. These fees are redistributed across various categories based on the type of swap and the liquidity pool source. Beneficiaries include liquidity providers, participants in weekly votes, xNFT stakers, the treasury, and strategic infrastructures like ICHI and Algebra.

Emissions: Through the ve(3,3) model, SwapX allows the community to decide where token emissions should be directed. Liquidity providers can initially receive up to 87% of these emissions, incentivizing them to contribute more liquidity.

Referral System: The referral program allocates up to 5% of emissions to incentivize users to bring in new participants. This fosters platform growth while directly rewarding those who help spread the word.

xNFTs: XNFs stakers receive a portion of trading fees, converted into SWPx, creating a passive income stream while supporting the token’s value.

Voting System: By locking SWPx into veSWPx, users gain voting power to influence emission allocations. In return, they earn voting incentives, swap fees, and rebases, making governance participation a sustainable and long-term source of passive income.

These mechanisms work together seamlessly, creating an ecosystem where SwapX’s revenue not only drives platform growth but also translates into direct benefits for users. Each component contributes to a virtuous cycle: the community steers development, participation is rewarded, and incentives encourage sustained, long-term engagement. SwapX has built an interconnected environment where the platform’s success is closely tied to the success of its users.