During the journey to to provide users with a better platform experience by exploring user-centric metrics that will help fulfill our vision of web 3.0, ApolloX has launched a token burn plan as below. A total of 5,755,000,000 APX has been burnt.
- 1,800,000,000 APX to the Trading Rewards Program and Leaderboard Rewards. From the third year, production will be halved and 15,000,000 APX will be released every month; From the sixth year, production will be reduced to 9,000,000 APX per month until the trading rewards are fully released;
- 164,250,000 APX to Liquidity Providers of APX. From the third year, the output will be halved to 2,281,250 APX per month until the liquidity provider rewards are fully released;
- 135,750,000 APX to Future Products Launch.
26.20% (1,100,000,000 APX) to Community Treasury:
Community Treasury will be locked and will not be released to the market at the beginning. It will be used for the launch of new products (such as Gamefi, Socialfi, DAO voting and etc.) in the future;
Linear vesting for 5 years;