ORAIX Token

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
Governance:
1.Fee structures
2.Meta-staking policies
Token distribution and listing price
Total supply: 1,000,000,000 ORAIX
Staking rewards: 30% (including fairdrop + initial listing)
Liquidity mining incentives: 50%
Developer pool: 15%
Community pool: 5%
Listing price on OraiDEX will be voted by ORAI holders (below is an example):
Listing price: $0.025
Initial circulating supply: 20,000,000 ORAIX
Initial market cap: $500K
Diluted market cap: $25M
Staking rewards, liquidity mining incentives, and developer pool will be vested in 5+ years.
Last modified 1yr ago