🪙Token Distribution

Overview

$NX token is designed to support community engagement, incentivize participation, and provide governance rights within the NX Finance ecosystem. It has the total supply of 100,000,000 tokens (100 million tokens)

Token Distribution

Categoory	Supply	Vesting Schedule	% Unlocked at TGE
Community incentive	51%	The regular emission rates across different strategies and pools will be determined by community voting in each epoch. Each season is expected to last at least 3 months	0%
IDO	15%	100% TGE	15%
BD and marketing	10%	10% TGE and 90% linear vest over 1year	1%
Investor	10%	Cliff 6 months, linear vesting over 1 year	0%
Liquidity Pool	4%	n.a	4%
Team	10%	Cliff 6 months, linear vesting over 2 year	0%

1. Community Incentive - 51%

• Details: This portion is dedicated to incentivizing the community through various season-based point systems, with each season expected to last at least 3 months.

• Release Schedule: The regular emission rates across different strategies and pools will be determined by community voting in each epoch.

2. Initial DEX Offering (IDO) - 15%

• Details: 100% of this allocation will be released at the Token Generation Event (TGE).

• Release Schedule: Participants will have the opportunity to contribute SOL and receive $NX tokens at a fair and equal price. The IDO ensures broad distribution and active community involvement. Around 27% of the raised amount will be allocated to form the LP pool.

3. Business Development & Marketing - 10%

• Details: This is to ensure sufficient incentives for marketing partners and broad exposure as the project scales.

• Release Schedule: 10% of this allocation will be unlocked at TGE, with the remaining 90% vested linearly over 1 year.

4. Investor Allocation - 10%

• Details: If no strategic investment is secured within 6 months post-TGE, the tokens will be reallocated to the community.

• Release Schedule: 0% unlock, cliff 6 months with linear vesting over 1 year

5. Liquidity Pool - 4%

• Details: Approximately 27% of the raised funds, along with 4% of the tokens, will be allocated to form the liquidity pool (LP). This allocation is dedicated to providing liquidity, ensuring smooth trading and minimizing volatility.

• Release Schedule: N.A.

6. Team Allocation - 10%

• Details: This aligns the team's interests with the long-term success of NX Finance.

• Release Schedule: 0% unlock, cliff 6 months with linear vesting over 1 year

Token Utility

The $NX token is designed with multiple utilities that enhance the functionality and governance of the NX Finance platform:

1. 100% Revenue Sharing:

   • 100% of the platform fees will be shared with $NX stakers, aligning incentives for token holders with the platform’s growth

     • Including airdrop from Jupiter & Solayer if we are eligible

   • 10% performance fee on leveraged trades

   • 3% fee on points earned from leverage trading

2. Staking Incentive: Stake $NX to earn rewards and participate in governance decisions that shape the future of NX Finance.

3. Fee Deduction: Using $NX for various platform services will grant users discounts on fees, further incentivizing the use of the token within the ecosystem.

4. Governance: $NX holders have the power to participate in governance, enabling the community to decide on key aspects of the platform's development and operations.