APX APX

1. Summary

Ranks

Liquidity

86

Developer

-

Social

92

Momentum (beta)

29

Stack Rank™

-

Price

$0.12 -4.0%

Market Cap

$51.85M (#791)

Supply

434.59M / 4.02B

Tags

Binance Smart Chain Ecosystem BNB Chain Ecosystem

More Metrics

Price
52W High price	$0.18
52W High date	19th Mar 2024 (9 months ago)
All Time High (ATH) Date	27th Dec 2021 (2 years ago)
ATH Price	$0.25
% From ATH	-85.66%
All Time Low (ATL) Date	20th Sep 2023 (1 year ago)
ATL Price	$0.000071590000
% From ATL	49777.01%

Supply & Trading Volume
Trading Volume (24h)	$1.68M
Total Supply	4.02B
Max Supply	10.00B
Circulating Supply	434.59M

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Description

APX is a cryptocurrency with a total supply of 10 billion tokens. It was first listed on PancakeSwap at a listing price of USD 0.0004. The bulk of the tokens is minted via trading rewards on ApolloX, a decentralized exchange (DEX) that offers perpetual trading with a reward program for users.

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APX is a cryptocurrency with a total supply of 10 billion tokens. It was first listed on PancakeSwap at a listing price of USD 0.0004. The bulk of the tokens is minted via trading rewards on ApolloX, a decentralized exchange (DEX) that offers perpetual trading with a reward program for users.

Trading Rewards Program

The trading rewards program allows users to earn APX tokens by trading on ApolloX. The program is structured into cycles, with rewards distributed daily. Users earn rewards based on their trading fee contributions and staking APX in the DAO to obtain veNFT, which provides boosting multipliers depending on the power value:

Power Value	Boosting Multiplier
50,000 < Power =< 100,000	1.5
100,000 < Power =< 300,000	2
Power > 300,000	2.5

Calculation Strategy

The reward calculation involves two main components: the dollar value and the user’s weight score. The dollar value is capped at USD 15,000 and is determined by the trading fee contribution and the latest APX token price. The weight score combines the effective trading fees and the boosting multiplier from staking APX in the DAO.

Allocation Details

The distribution of APX tokens is as follows:

Trading Rewards and Liquidity Providers

• 50.00% (2,000,000,000 APX) are allocated for trading rewards and liquidity provider rewards over a 10-year period.

Community Treasury

• 26.20% (1,100,000,000 APX) are held in the Community Treasury for future product launches.

Marketing and Partnerships

• 9.50% (400,000,000 APX) are reserved for marketing and partnerships over a 5-year vesting period.

Early Adapters and Retroactive Mining

• 8.30% (350,000,000 APX) are reserved for users who meet specific milestones.

Listing on PancakeSwap

• 6.00% (250,000,000 APX) are dedicated for listing on PancakeSwap.

Additionally, the project has burnt 5,755,000,000 APX tokens in April 2022 in support of the APX Finance token burn plan.

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