Tokens
Within the Ionex ecosystem, every token is derived from INX, aimed at promoting sustainability. Each token is designed for distinct roles, crucial to reinforcing the framework's sustainability of the protocol.
$INX: This is the primary ERC-20 utility token of Ionex, foundational to the platform. It supports liquidity and improves trading conditions. Holding $INX can be converted into veINX, offering further participation and influence in Ionex.
$veINX: Obtained by locking $INX, this ERC-721 (NFT) governance token enhances your voting power the longer it is locked. Holders can earn from weekly distributions, which include trading fees and other incentives.
$oINX: An emissions token that offers strategic benefits, such as redeeming INX at a discount, converting to veINX on a 1:1 basis, or exchanging for INX/ETH LP tokens with various lock periods. It aims to address token devaluation and align stakeholder incentives.
$bveINX: A non-liquid token rewarding active voters in the ecosystem, redeemable for veINX at a full discount, encouraging participation in governance.
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