As a seasoned analyst with years of experience navigating the tumultuous seas of the crypto market, I find myself intrigued by ApeX Protocol’s strategic tokenomics updates. The esAPEX12 Strategic Solution and Buy-Back and Share (BBS) Program are innovative approaches to addressing common challenges within the industry, offering a more stable environment for investors while also providing incentives for long-term participation.
Saint Vincent, the Grenadines,, October 1st, 2024, Chainwire
The trailblazing decentralized exchange platform, ApeX Protocol, is thrilled to share that it has initiated a sequence of strategic tokenomic adjustments aimed at boosting the long-term worth and stability of its native currency, $APEX. These modifications are intended to bolster the ApeX ecosystem, advantageous for token holders, early investors, and the wider community.
esAPEX12 Strategic Solution: Now Live
In simple terms, ApeX has introduced the esAPEX12 Strategic Solution, a new system designed to tackle usual difficulties during pre-sale token distributions. These difficulties often include price instability and inflationary pressures. This advanced mechanism guarantees a steady, regulated discharge of $APEX tokens, shielding the token value from market swings and offering investors and users a more consistent investment climate.
The esAPEX12 pool, hosted on the Arbitrum network, allows unlocked $APEX to be converted into esAPEX12 tokens, which are available for third-party purchase with a 12-month lockup period. This approach ensures a steady and strategic distribution of $APEX, balancing market demand while offering a 40% discount to new buyers. For a detailed guide on how to purchase tokens at the discounted rate, click here.
Introducing the Buy-Back and Share (BBS) Program
As an analyst, I am thrilled to announce that in the forthcoming weeks, we at ApeX will unveil our Buy-Back and Share Program. This groundbreaking initiative aims to use our fee earnings to purchase $APEX tokens from the market, which will subsequently be disbursed as incentives to our long-term users.
The BBS program is set to play a vital role in ApeX’s environment, assisting dedicated users in achieving higher yields and strategically preparing them to accumulate future incentives, such as stablecoins, as the platform progresses and develops.
$APEX as the Trading Fee Token — Coming in Q4 2024
Starting from the end of Q4 2024, ApeX is planning to boost its token economy by making $APEX the fee token for trades on the ApeX Omni DEX. If users decide to pay their trading fees with $APEX, they will benefit from reduced fees as an extra motivation to utilize the token. Additionally, as a deflationary strategy, all $APEX tokens collected as fees will be destroyed, leading to a decrease in the total supply and potentially increasing the value of the token over time.
Deflationary Tokenomics Model
Utilizing the approaches of esAPEX12, the Buy-Back and Share Plan, as well as employing APEX for transaction fees, will create a strong, deflationary economic system. This model is advantageous to the entire community.
ApeX consistently works on boosting the value of its own token, the $APEX, by employing calculated distributions, intelligent repurchases, and a token destruction process. This approach is designed to foster sustained development and benefits for all parties involved over the long term.
About ApeX
ApeX was established with a goal to deliver a user-controlled, open-access trading environment, characterized by its smooth multi-chain liquidity and powerful order book interface. Ideal for crypto traders, ApeX offers this experience without the need for permission or custody. The latest addition to the ApeX family is ApeX Omni, a product from ApeX Protocol. Equipped with innovative multi-chain liquidity pooling, flexible, purpose-built design, and advanced zero-knowledge proof security, ApeX Omni sets new standards for speed and security in trading.
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2024-10-01 17:42