Tokenomics

The $DXP token is the native utility token of the protocol. The total supply of $DXP tokens is fixed at 21 Million and will be emitted over a period of 20 years. Tokens are released weekly, with a halving cycle occurring approximately every 4 years. This halving is designed to control inflation rate and is adjusted based on the amount of $DXP that is recycled within the system. Every 15 seconds, 1 $DXP token is minted when a block is generated. Each block contains all protocol related transactions, including those that pertain to generated rewards and metadata corresponding to yield distribution and performance metrics.

Token Distribution Ratio

Rewards are issued to the LPs instantly upon locking of liquidity, equivalent amount of $DXP based on its dollar market value determined by the AMM Pool and absolute APR in the native token to the subnet. For example in case of Ethereum staking subnet, the actual rewards are generated in $ETH, at the time of locking if the benchmarked yield for the subnet is 3.75%, the absolute ETH value will be computed and $DXP will be given based on the $DXP/ $ETH price set by the AMM Pool.