Tokenomics Overview

INX tokenomics are carefully crafted to encourage positive engagement and align the interests of all ecosystem participants for mutual benefit. Initial veINX positions will be distributed to various groups and early adopters to kickstart their involvement in the Ionex ecosystem. However, in line with the ve(3,3) model, sustained participation is essential to maintain long-term value and drive the protocol's success.

Initial Supply (100,000,000 $INX Tokens)

Category	Percent	Allocation
Initial liquidity	50%	50,000,000
DAO treasury	20%	20,000,000
Early adopters	20%	20,000,000
Public goods fund / Ecosystem	10%	10,000,000

Points and referrals

• Points accrual: Traders earn points based on volume, trade count, duration of open interest, and participation in educational quests. Points are redeemable per ecosystem schedules.

• Referral program: Referrers earn points based on referee activity and volume; tiers may apply based on active referrals and cumulative volume.

Solver alignment

• Solvers may receive token incentives proportional to filled volume and quote competitiveness, with considerations for uptime and tight spreads.

Perps → Tokenomics feedback loop

• A portion of Perps fees can be directed to INX buybacks and burns, as described in Protocol Revenue.

• Perps activity increases ecosystem throughput, indirectly influencing emissions distributions and governance incentives.

Disclaimer: Program parameters may evolve through governance.

Tokens (ecosystem)

• See Tokens for INX, veINX, oINX, and bveINX roles.

• See Emissions for emission schedules and treasury allocations.