PolyDEX - #1 AMM on Polygon Network
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PolyDEX - #1 AMM on Polygon Network
About PolyDEX
PLX Tokenomics
Roadmap
IDO
Products
Exchange
PolyFARM
PolyHERO
PolyLAUNCH
PolySTORE
PolyREF
Pyloto - Lottery Jackpot
NFT Markets
Trading Battle
HOW TO
Config Polygon on Metamask
MATIC Faucet at PolyDEX
Add Custom Token
Bridge from BSC
Bridge from ETH
Farms
Participating in PolyLAUNCH
Converting PLXv1 to PLX
MISC
Audit by TechRate
Communities
Brand Manual
Contracts
Network Troubleshooting
Participating in PolyDEX IDO
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PLX Tokenomics
With the upgrade from PLXv1 to PLXv2 (called PLX), the tokenomic is revised as below
- Max Supply(reduced over time)
: 1,000,000,000 PLX
- Pre-mint
: 100,000,000
Burn 34,000,000 immediately (equal amount of PLXv1 has been burnt). This will immediately reduce Max Supply to 966M PLX
50,000,000 for fPLX for IDO Buyer to continue their vesting
16,000,000 for initial liquidity and insurance fund
- Emission
: 900,000,000 (emission in 100w — halving 1.5% weekly)
Farming Incentive: 522,000,000 (58.00%)
Dev/Mkt/Airdrop: 234,000,000 (26.00%)
Insurance Fund: 74,250,000 (8.25%)
Lottery Fund: 24,750,000 (2.75%)
PLX Stakers: 45,000,000 (5.00%)
$PLX transaction fee
Since $PLX is a deflationary token, there will be a small fee for every $PLX transaction
Deflation
: 1.0% per tx
0.5% distributes to PolyHERO staking pool
0.2% to add liquidity automatically and locked forever
0.2% will be burnt from the supply forever
0.1% to insurance fund
PLX trading fee and distribution
PLX applies a 0.1% trading fee (lowest in the market) to all trades with details as follows:
Up to 80% of trading fee will be used to buy PLX and pass back to users right away.
Hence the
effective swap fee is at only 0.02%
— Lowest in the market!
Project owners who list on PolyDEX will earn up to
20% of all trading fee relating to their tokens.
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$PLX transaction fee
PLX trading fee and distribution