APX Finance
  • 🚀What is APX Finance?
  • 🌙Brand Logo & Guidelines
  • Welcome
    • 📄$APX Token & Contracts
      • ⚡Allocation
      • 🔥Token Burn
      • 💲Tax
    • 💎ALP Liquidity Pool
      • 💡How to buy ALP?
      • 💡How to stake/unstake?
      • 💡How to sell?
      • 💡Fees for buying and selling ALP
      • ‼️Risk
    • ⛓️Trading on V2
      • ❓How does it work?
      • ⬇️How to interact directly with the contract
      • 🤝Powered by Pyth Oracle and Chainlink
      • 🐸Degen Trading Mode
        • 💰Dynamic close fee for Degen Mode
      • 🎰V2 Fees & Slippage
      • 💢MAD perpetual contracts
        • 💢MADBTCUSD
          • Index Details
        • 💢MADETHUSD
          • Index Details
        • 💢MADCAKEUSD
          • Index Details
      • 😎Dumb Mode
        • How to place orders
      • 📃DEGEN Inscriptions Airdrop
      • 📈Forex
      • 👥APX V2 Referral
      • 📖APX Testnet Walk through [Inactive]
      • 💡FAQ
        • 💡Connect wallet
        • 💡Opening a position
        • 💡How to place stop orders?
        • 💡Position management
        • 💡One click close all position feature
        • 💡Order Types
      • 📹Video Tutorials (V2)
    • 👋Trading on V1
      • 📡Pre-Launch Markets
        • BLAST Pre-Launch Futures
      • 💰Wallet Connection
      • 💡How to start trading on APX V1?
        • 💸Deposit & Withdrawal
        • 🪜Margin Mode & Leverage
        • ⬆️Position Mode
        • 💻Order Types
          • TP/SL orders (Strategy Order)
          • Trailing Stop Order
        • 🛑Closing Positions
        • 📈Grid Trading
          • 👾Set-up Your Grid Trading Strategy
          • 👾Futures Grid Trading Auto Parameters Guide
          • 👾Long/Short Grid Trading introduction
        • 💡Lite Mode
      • ❓FAQ
        • ❓Multi-Assets Mode
        • ❓How to Adjust the Margin Balance in Cross/Isolated Margin Modes
        • ❓How to Calculate the Cost of Opening a USDⓈ-M Perpetual Futures Contract Position
        • ❓Mark Price in USDⓈ-M Perpetual Futures Contracts
        • ❓Funding Rate
        • ❓Auto-Deleveraging (ADL)
        • ❓APX Futures Liquidation Protocol
        • ❓Delisting Process of A Futures Contract
        • ❓APX DEX Referral Guidelines
        • ❓How to Whitelist APX Emails?
      • 📹Video Tutorial (V1)
  • Features & Tutorials
    • ℹ️General
      • 💡What is Gas Fee?
      • 💡How to switch network?
      • 💡How to change language
      • 💡How to bind your social media account to receive notifications
    • 🖥️All about APX Web
      • 💡How to Connect Your Wallet? (Web version)
      • 💡How to find your DEX UID? (Web)
    • ⛓️Permissionless DEX Engine
      • Features and benefits of permissionless solution
      • FAQs
    • 👾Trading
      • 💡How to Buy Crypto on APX DEX via BANXA
      • 💡How to check your balance (V1)
      • 💡How to use Multi-Assets Mode
      • 💡How-to Guide: Use BONUSUSD to trade crypto futures on APX V1
  • Programs
    • 📞V2 ARB Incentive Season (Trading)
    • 📣V2 ARB Incentive Season (Weekly Bonus, ALP Staking)
    • 💰$100,000 Binance Web3 Wallet Trading Campaign Tutorial
    • 🪂Strategic Partnership with Lista DAO - Cosmic Adventure Challenge
    • 📏V2 Trading Rewards
    • ⛏️Retroactive Mining Rewards
  • APX DAO
    • 👨‍🚀How To Participate?
    • 📫DAO Staking
      • 🎫Get Voting Power
      • ⚡Staking Rewards & Repurchased Tokens
      • ⚡Trading Benefits
      • ⚡Penalty Fee
    • 🍀Governance
      • 🌡️Temperature Check
      • 🤚Standards for raising DAO proposals
  • API
    • 🖱️Create API
    • 💾API Documentation
  • Community
    • 🔗Social Media & Communities
  • About Us
    • 🗺️Roadmap
      • 🍁2023 Roadmap
      • 🍁2022 Milestones
      • 🍁2021-2022 Roadmap
    • 🔖Audit Reports
    • APX Team
    • Privacy Policy
    • Terms of Use
    • Restriction
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  • APX Allocation
  • Allocation Details
  1. Welcome
  2. $APX Token & Contracts

Allocation

Previous$APX Token & ContractsNextToken Burn

Last updated 1 year ago

APX Allocation

To provide users with a better platform experience by exploring user-centric metrics that will help fulfill our vision of web 3.0, APX Finance launched a token burn plan as below. A total of 5,755,000,000 APX tokens were burnt in April 2022.

Allocation
Before Burn
After Burn
Burnt Amount

Retroactive Mining Rewards

350,000,000 APX

350,000,000 APX

N/A (fully released)

List on PancakeSwap

250,000,000 APX

250,000,000 APX

N/A (fully released)

User Trading Rewards

4,400,000,000 APX

2,100,000,000 APX

2,300,000,000 APX

Marketing & Partnership

500,000,000 APX

400,000,000 APX

100,000,000 APX

Community Treasury

4,455,000,000 APX

1,100,000,000 APX

3,355,000,000 APX

Total

10,000,000,000 APX

4,200,000,000 APX

5,755,000,000 APX

Allocation Details

50.00% (2,000,000,000 APX) to users as Trading Rewards and Liquidity Provider Rewards for 10 years:

  • 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;

9.50% (400,000,000 APX) to Marketing & Partnerships:

Linear vesting for 5 years;

8.30% (350,000,000 APX) to users who have been with us since our early days and complete certain milestones (Retroactive Mining Rewards);

6.00% (250,000,000 APX) to list on PancakeSwap.

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