Ax11 Emission & Fees Distribution
Last updated
Last updated
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 emissions are distributed as follows:
Traders receive 2/3 of the total Ax11 emissions.
This incentivizes active participation in trading, ensuring deep liquidity and market efficiency.
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.
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.
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.