💎ALX Nomics
ALX Distribution that Aligns with Protocol-Owned Liquidity!
The ALX Distribution, known as the "ALX Auction," is a strategic approach to distributing ALX tokens based on user participation and bond purchases. This model promotes sustainability and balanced incentives within the protocol. The distribution of minted ALX is based on the total earning power accrued by users through bond purchases during each 24-hour cycle. ALX tokens are allocated to ETH bondholders in proportion to their contributions to the total earning power during the period.
A cap of 50,000 ALX is set for each daily auction, benchmarked against the 50,000 ALX held within the Protocol-Owned Liquidity (POL). The exact distribution dynamically adjusts based on the ALX held in the ALX-vXNF pool at the start of each cycle. For instance, if POL holds 50,000 ALX, the maximum ALX for the daily auction is 50,000 ALX. Conversely, if POL holds 25,000 ALX, the maximum ALX for the daily auction is 25,000 ALX. This mechanism ensures the maximum daily ALX distribution is effectively set at 50,000 ALX, promoting protocol sustainability.
ETH bondholders' ALX allocation depends on their ETHx reward payouts, with the allocation decreasing proportionally as rewards are received. If all participants reach their caps, no additional ALX enters circulation from that cycle. Additionally, an auction price floor of $1.00 ETH is set at deployment. Low participation results in no ALX being allocated to the ALX auction. When the maximum ALX auction allocation is reached, the dollar value of ALX auctioned increases. For example, if the pool holds 50,000 ALX and $25,000 ETH enters into ETH bonds during the cycle, only 25,000 ALX is minted for the cycle. If $200,000 enters into ETH bonds, 50,000 ALX (the maximum) is minted according to the ALX held in the POL.
This model ensures sustainability by capping the daily ALX distribution and dynamically adjusting based on POL holdings. The proportional allocation of ALX based on earning power and ETHx rewards aligns incentives for active participation. Additionally, the mechanism strategically balances the ALX token circulation, preventing excessive inflation and promoting a stable token economy. This approach to ALX distribution encourages active engagement within the protocol while maintaining balance and sustainability.
⚡️ ALX Auction Process
🎁 ALX Airdrop Event
Participants will be able to claim their ALX once the LP is deployed!
At the launch of Alixa, up to 5,000,000 ALX will be minted exclusively for airdrop participants. These tokens can be claimed once the liquidity pools are deployed, with the claiming period continuing for 90 days or until the entire ALX airdrop allocation is claimed, whichever comes first.
Participants have a 90-day window from the time of protocol deployment to claim their allocated share of the airdrop. Failure to claim within this period will result in the forfeiture of their ALX airdrop allocation, potentially resulting in a total distribution of less than 5,000,000 ALX.
The quantity of ALX available for each user to claim is determined by their proportional share of the total airdrop. Participants holding a larger share will be eligible to claim a larger amount of ALX.
⚡️ ALX Airdrop Process
⚡️ ALX Airdrop FAQ
Can I use my ALX to participate on Day 1?
Yes, individuals included in the ALX snapshot can participate in the protocol on Day 1 by either creating an ALX bond or staking their ALX. To ensure fair and stable entry for early participants, we've implemented a fixed price period for the first 7 days after deployment. During this time, the price will be set at $0.25 per ALX for all bonding and staking actions. This fixed price applies from the moment of deployment until 168 hours after the liquidity pools are deployed. After this initial period, the pricing for ALX bonds will transition to a dynamic model based on the pool price, using a 7-day Time-Weighted Average Price (TWAP). This approach provides early participants with a stable entry point while ensuring long-term pricing reflects current market conditions.
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