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$DXP Utility
Understand the high level details behind the Dexpools rewards structure
The $DXP token offers users multiple forms of utility, starting with a unique rewards structure and intentions to expand utility further as our roadmap develops.
Stakers of $DXP and the $DXP LP token within the Dexpools application qualify for platform rewards gathered from trading fees.
40% of all fees gathered from token swaps in the Dexpools platform will be stored in a community rewards wallet. This percentage will be locked for three month periods and is subject to change based on a variety of factors.
In the current platform reward structure, fee distribution will be as such:
- 1.Dexpools Treasury - 60%
- 2.Dexpools Rewards - 40%
- 1.Single Sided Staking - 20%
- 2.LP Token Staking - 20%
Rewards will be updated on a monthly basis, starting on June 1, 2022. Rewards may be claimed from the Dexpools application - allowing $DXP stakers to obtain a variety of tokens collected through usage of the P2P OTC application.