Dexpools Knowledge Base
  • What is Dexpools?
  • The Ultimate Weapon vs Slippage
  • Chain Support
  • Security
  • Guides
    • Connecting To Dexpools
    • Creating Swaps
    • Alerts and Notifications
  • DXP Token Utility
    • $DXP Utility
    • $DXP Contract Information
    • Rewards Qualification
    • Tokenomics
  • DEVELOPERS
    • API Reference
      • Account
      • Portfolio
      • Order
    • Contract Addresses
      • Testnet
      • Mainnet
    • Contract Functions
      • DEX APP
        • DexManager.sol
          • addTradePair()
        • Portfolio.sol
          • depositToken()
          • withdrawToken()
          • getTokenList()
          • getToken()
          • getBalance()
        • Orderbooks.sol
          • last()
          • first()
        • TradePairs.sol
          • cancelOrder()
          • addOrder()
      • PERPETUAL
        • Router.sol
          • increasePosition()
          • decreasePosition()
        • Vault.sol
          • increasePosition()
          • decreasePosition()
          • getPositionKey()
          • positions()
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  1. DXP Token Utility

$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.

Platform Rewards

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.

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Last updated 3 years ago