Ax11 Emission & Fees Distribution

Ax11 follows a structured emission model designed to incentivize traders, liquidity providers, and governance participants. The emission strategy ensures balanced rewards and sustainable protocol growth while maintaining the value of Ax11 tokens.

Ax11 Token Emission

Emission Breakdown

Ax11 token emissions are distributed as follows:

1. Trader Emissions (2/3 of Total Emissions)

• Traders receive 2/3 of the total Ax11 emissions.

• This incentivizes active participation in trading, ensuring deep liquidity and market efficiency.

2. Liquidity Provider (LP) Emissions (1/3 of Total Emissions)

• LPs receive 1/3 of the total emissions, split evenly between X and Y pools.

• Allocation: 50% X Pool and 50% Y Pool.

• LPs cannot select emission distribution between X and Y; it is auto-split to maintain market balance.

---

Trading Fee Distribution

Ax11 Fees Allocation

Ax11 Protocol revenue is distributed among key participants as follows:

• Initiator: 1% of trading fees (lifetime).

• LPs: 50% of trading fees, divided equally:

  • 50% long, 50% short within each X and Y pool.

• Voters: 30% of trading fees.

• Team: 19% of trading fees.

• Exit & Switch Fee: 0.1% Total Burn Fee (TBF) on exit and side switches:

  • 50% to LP exit side.

  • 40% buyback & burn Ax11.

  • 10% to the protocol.

---

Dutch Auction Market (Team Revenue)

• 7-day auction system from 1% to 99.99% discount (from Team’s 19% trading fee allocation).

• Ax11, ETH Sonic, and stablecoins are used.

• Revenue split:

  • 50% buyback and burn Ax11.

  • 50% allocated to team revenue.