fx Docs
  • f(x) Protocol Documentation
  • OVERVIEW
    • 📖Abstract
    • ⭐Core Products of f(x) Protocol 2.0
  • f(x) Protocol Mechanisms
    • ⚖️The f(x) Invariant
    • ⚙️Key Functions of f(x) 2.0
    • 🚀Creating a Leveraged Position (xPOSITION)
    • 🪂Rebalancing the Position (Liquidation Brake)
      • Understanding the band system
      • Liquidation process
      • Developers
    • 💰Stability Pool
    • 💵Fees
  • RISK MANAGEMENT
    • 🧘‍♂️Risk framework
    • ✅Advanced Peg Protection Mechanisms
      • Understanding the redemption mechanism
    • 🚨Risk parameters
    • 🧭Oracle
      • stETH
      • WBTC
    • 🛡️Audit Reports
  • Earn with f(x)
    • 💲USD high & sustainable yield
    • 🪙$FXN Tokenomics
      • veFXN
      • FXN Farming and veFXN Boost
    • 🔥Protocol Revenue & Distribution
  • POWER TO THE PEOPLE
    • 🤝Get involved - Community Booster Program
    • 🫂Referral Program
  • FAQ
    • 🟦Is fxUSD an algorithmic stablecoin?
    • 🟦Where does the yield come from?
    • 🟦How do f(x) Protocol stablecoins maintain stability?
    • 🟦Is there any LUNA-like risk?
    • 🟦How does f(x) Protocol minimize liquidations?
    • 🟦How does f(x) Protocol minimize funding costs?
    • 🟦What could go wrong?
    • 🟦Why are there different stablecoins?
    • 🟦What is the difference between f(x) Protocol V1 and V2?
    • 🟦What price drop would it require for my xPOSITION to be rebalanced/liquidated?
  • GUIDES
    • 📈How to open a leverage position (xPOSITION)
    • 📉How to close a leverage position (xPOSITION)
    • 📐How to adjust your leverage / how to reduce your Liquidation Brake
    • ➕How to add/reduce a leverage position?
    • 💰How to stake into the stability pool?
    • 🚶‍♂️How to unstake from the stability pool?
  • MORE
    • 🔡Token Breakdown
    • 1️⃣f(x) Protocol 1.0
      • Leverage
      • Earn
      • Stability Mechanism
      • FX Auto-Compound
      • Oracle
    • 🖥️Resources
      • Contracts
      • Useful links
    • 🪔Aladdin DAO
    • 😎 Brand Assets
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  1. Earn with f(x)

$FXN Tokenomics

PreviousUSD high & sustainable yieldNextveFXN

Last updated 5 months ago

f(x) Token Distribution

Token Name: f(x) Protocol Token

Token Symbol: FXN

Token Supply: 2,000,000 $FXN

FXN Distribution

CategoryPercentageVesting Schedule

Category
Percentage
Vesting Schedule

Liquidity Incentives

49%

5% vested linearly in the first year, decreasing by 10% each year thereafter. Full emission will take 50 years.

Community Contributors

3%

Vested linearly over 12 months & lasting 3 years:1.5% for Year 1, 1% for Year 2, 0.5% for Year 3

Treasury Reserve

10%

Vested linearly over 24 months

IDO

5%

Testnet/Beta/IDO Users

0.5%

Vested linearly over 12 months

veCLEV Holders

0.25%

Vested linearly over 12 months

veCTR Holders

0.25%

Vested linearly over 12 months

Aladdin DAO

30%

Vested linearly over 24 months, ve-locked after vesting

Initial Liquidity

1%

Strategic Partnerships

1%

Vested linearly over 12 months

FXN Release Schedule

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