SwapX DOCS
  • Welcome to SwapX
    • Overview
    • Why Sonic?
      • Sonic Points
      • Sonic Boom
      • Fee Monetization
  • Protocol Design & Features
    • Algebra Integral V4
      • Core Mechanism
      • Plugins
      • YieldSync Plugin
        • Mechanism Design
        • Security
      • Concentrated Liquidity
      • Pools
      • Odos & Orbs
    • Automated Liquidity Management
    • Enhanced User Experience
    • Security
  • Tokenomics
    • Tokens
    • Voting System
    • Emission Schedule
      • Allocations & Vesting Schedules
      • Protocol Allocations
      • User Airdrop
      • xNFT
      • Team Allocation
      • Treasury
      • CEX Listing & Launchpad
    • Protocol Revenue
    • Contracts
  • Official Links
  • Media Kit
  • Legal Disclaimer
  • Apply for a Partnership
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  1. Tokenomics

Tokens

Utility Token

PreviousSecurityNextVoting System

Last updated 4 months ago

SwapX tokenomics are designed to promote active participation and align the interests of all ecosystem members for collective growth.

The native token of SwapX is: $SWPx (ERC-20) Contract Address: 0xA04BC7140c26fc9BB1F36B1A604C7A5a88fb0E70 This token can be acquired on the market, earned as a farming reward for providing liquidity via weekly emission, or, for select early users, received via an airdrop. There are three main actions you can take with SWPx: hold, sell, or... lock & vote! Locking $SWPx for voting power reduces its circulating supply, supporting the token price and fostering a virtuous cycle of value creation for all participants.


The voting token of SwapX is: $veSWPx (ERC-721 NFT) Contract Address: 0xAA30F0977620D4d46B3Bb3Cf0794Fe645d576CA3 When locking the utility token ($SWPx), users will receive the voting system token $veSWPx, the non-fungible tokens (NFT) that represent the voting power.

These users will be granted access to a sustainable and recurrent rewards system. By participating in voting, they can earn weekly rewards; swap fees, and voting incentives.