ORAIX is the governance and utility token of OraiDEX, which is designed to balance its inflation from rewards and spending from utility fees as follows. Note that a portion of utility fees will be burnt. It will be decided by governance voting.
Utilities:
1.
Pay meta-staking fee (the fee is taken directly from profits)
2.
Pay pool creation fee
3.
Pay OraiBridge fee
4.
Pay NFT Bridge fee
5.
Buy airdrop NFT tickets of newly listed projects on OraiDEX