Tokenomics
Core Utilities of AZT Token
🔹 1. The Fuel of the Exchange: Creating Permissionless Pools, Launching New Tokens, and Establishing Funds
On the AZEx platform, users can freely create permissionless liquidity pools, launch new tokens, and set up funds (Fund Manager). However, these operations require the consumption of AZT tokens. This mechanism serves several key purposes:
Preventing spam pools, low-quality tokens, and subpar funds, thereby enhancing overall market quality.
Encouraging continuous AZT consumption, increasing token value.
Ensuring that fund managers, project teams, and traders are incentivized to offer high-quality products.
Creating a Fund (Fund Manager): On AZEx, any user can become a fund manager, establish their own trading fund, and attract other users to copy their trades. However, to prevent excessive and low-quality fund creation, fund initiators must consume a certain amount of AZT as an "entry fee."
This model is similar to a "Gas Fee," but instead of being purely burned, AZT is redistributed within the AZEx ecosystem, reinforcing the overall economic cycle.
🔹 2. Staking AZT to Earn Revenue from All Pools
One of the unique aspects of AZEx is that protocol revenue from all liquidity pools (such as trading fees and funding rate distributions) is partially allocated to AZT stakers. This mechanism incentivizes long-term holding while establishing a profit-sharing system, allowing token holders to grow alongside the platform.
Revenue Sources: Trading fees, funding fees, fund management fees, revenue share from liquidity providers, etc.
Earnings Model: Users can stake AZT in the protocol and receive a proportional share of the revenue from all pools.
Long-Term Incentives: The longer AZT is staked, the higher the reward weight may become, encouraging long-term holding.
This design is inspired by models like Curve’s veToken system but is specifically optimized for decentralized exchanges, strengthening the value proposition of AZT.
Allocations
Airdrop: 5%
Team & Advisors: 20%
Ecosystem Fund: 25% (for developer incentives and cross-chain collaborations)
Community Incentives: 25% (liquidity mining, event rewards)
IAO & Public Sale: 10%
Reserve Fund: 15% (market operations and emergency reserves)
Basic Information
Token Name: AZEx Token (AZT)
Token Symbol: AZT
Total Supply: 21 billion AZT
Initial Agent Offering (IAO)
Initial Valuation: $10 million
IDO Allocation: 10% (2.1 billion AZT)
Fundraising Token: WETH
IDO Price: Dynamically determined based on the final amount raised
Final Valuation: Calculated according to the total amount raised
Start Time: February 8, 2025, 12:00 PM (UTC)
End Time: February 11, 2025, 12:00 PM (UTC)
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