Elexium Finance.
  • 📩Introduction
  • ✉️Fees and Bribes
  • 📨Emissions and Sale
  • 📧Liquidity, Swaps, Router
  • 🧧Voting
  • 📥ELI5 Basic Dex Summary
  • 📤Links
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Emissions and Sale

Details of Elexium Emissions, the sale, and more as follows:

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Last updated 7 months ago

Sale

The sale will be 1,000,000 tokens, at a price of 0.075 $ALPH, for a total of 75000 $ALPH.

Of this ALPH amount, the split is as follows :

  • 60% Elexium-Alph Liquidity Pool (paired with 450,000 Elexium, for a launch price of 0.1 $ALPH)

  • 5% Alphpad (launchpad fee)

  • 5% Treasury, to support the project, ecosystem etc

  • 30% Development Fee

Launch price is 0.1 $ALPH.

  • The initial supply of $EX is 3,150,000, but not all is circulating. There is a team vest, a treasury vest, and max lock of both.

  • Weekly emissions begin as follows :

Week

Emissions This Week

Total Emissions

Total Supply

1

150,000

150,000

3,300,000

2

146,000

296,000

3,446,000

3

142,000

438,000

3,588,000

4

138,000

576,000

3,726,000

5

134,000

710,000

3,860,000

6

130,000

840,000

3,990,000

7

126,000

966000

4,116,000

8

122,000

1,088,000

4,238,000

9

118,000

1,206,000

4,356,000

10

114,000

1,320,000

4,470,000

11

110,000

1,430,000

4,580,000

12

106,000

1,536,000

4,686,000

13

102,000

1,638,000

4,788,000

14

98,000

1,736,000

4,886,000

15

94,000

1,830,000

4,980,000

16

90,000

1,920,000

5,070,000

17

86,000

2,006,000

5,156,000

18

82,000

2,088,000

5,238,000

19

78,000

2,166,000

5,316,000

20

74,000

2,240,000

5,390,000

21

70,000

2,310,000

5,460,000

22

66,000

2,376,000

5,526,000

23

62,000

2,438,000

5,588,000

24

58,000

2,496,000

5,646,000

25

54,000

2,550,000

5,700,000

26

50,000

2,600,000

5,750,000

27

50,000

2,650,000

5,800,000

28

50,000

2,700,000

5,850,000

29

50,000

2,750,000

5,900,000

30

50,000

2,800,000

5,950,000

31

50,000

2,850,000

6,000,000

32

50,000

2,900,000

6,050,000

33

50,000

2,950,000

6,100,000

34

50,000

3,000,000

6,150,000

35

50,000

3,050,000

6,200,000

36

50,000

3,100,000

6,250,000

37

50,000

3,150,000

6,300,000

38

50,000

3,200,000

6,350,000

39

50,000

3,250,000

6,400,000

40

50,000

3,300,000

6,450,000

41

50,000

3,350,000

6,500,000

42

50,000

3,400,000

6,550,000

43

50,000

3,450,000

6,600,000

44

50,000

3,500,000

6,650,000

45

50,000

3,550,000

6,700,000

46

50,000

3,600,000

6,750,000

47

50,000

3,650,000

6,800,000

48

50,000

3,700,000

6,850,000

49

50,000

3,750,000

6,900,000

50

50,000

3,800,000

6,950,000

51

50,000

3,850,000

7,000,000

52

50,000

3,900,000

7,050,000

Decay, Stabilization, Governance

  • As shown above, emissions decay from week 1, stabilizing at week 26, at 50,000 per week. This is able to be re-evaluated at any point. The plan is to introduce governance that votes on increases, decreases, or remaining the same. At week 52, we plan to have this system fully implemented, if not before.

  • The decay is fast, then stabilizing, to allow for increase in price of Elexium and discourage over dilution.

  • Tokenomics year 2 will be introduced with ample warning, closer to week 52.

Emission Split

The emissions are split between LPs and Single Stakers (voters). The following formula is used to ensure it is never more than 50:50 split to both :

$veEx holders will receive an emission bsed on the ratio of $VeEx supply to $EX supply. The formula :

Rebase = weeklyEmissions × (1 - veExtotalSupply ÷ EXtotalsupply)ˆ2 × 0.5

This ensures that the % allocated to voters goes up when single staking rates decrease, and vice versa, making the dex a dynamic incentivizing machine, always enticing users through rewards to do what is best for the protocol.

Rebase Explained

To protect holders of the token from dilution over time, single stakers/voters get an emission for being locked. The theory is that foir every % the token inflates to pay LP rewards each week, some of this goes straight into the pocket of the holders that have locked. Between this %, fees, bribes etc, it is possible to gain that number to 100%, and that 0 net dilution occurs to holders, even if supply increases permanently!

This rebase is available linearly throughout the epoch.

Emission Rewards

Each epoch, rewards for LPs are distributed equally to the votes each pool accrues. If 50% of the votes are for Pool1, then 50% of available LP emissions go to Pool1.

Liquidity Providers must stake their tokens to be able to get rewards.

These rewards are available throughout the whole epoch.

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