Saint Vincent, Grenadines, October 1, 2024, Chainwire
ApeX Protocol, a leading decentralized exchange platform, is proud to announce the implementation of a series of strategic tokenomic updates designed to enhance the long-term value and stability of its native token, $APEX. These updates are intended to improve the ApeX ecosystem, benefiting token holders, early investors and the broader community.
esAPEX12 Strategic Solution: Now, LiveApeX has officially launched the esAPEX12 Strategic Solution, which addresses common pre-sale token unlock challenges such as price volatility and inflationary pressures. This novel mechanism ensures a polished, controlled release of $APEX tokens, protecting the token price from market fluctuations and providing a more predictable environment for investors and users.
The esAPEX12 pool, hosted on the Arbitrum network, allows the conversion of unlocked $APEX into esAPEX12 tokens, which are available for third-party purchase with a 12-month lock-up period. This approach ensures $APEX is distributed consistently and strategically, balancing market demand while offering a 40% discount to modern buyers. For a detailed guide on how to purchase tokens at a discounted price, click Here.
Introducing the Share Buy Back and Share Scheme (BBS) to be launched in the coming weeks, ApeX is excited to introduce the Share Buy Back and Share Scheme. This novel initiative will utilize fee revenue to redeem $APEX tokens from the market, which will then be distributed as rewards to long-term participants. By creating constant purchasing pressure, this program increases the value of $APEX while allowing users to accumulate more tokens over time.
The BBS program is intended to become a cornerstone of the ApeX ecosystem, helping steadfast participants maximize profits and position themselves favorably to earn future rewards, including stablecoins, as the platform evolves.
$APEX as Trading Fee Token – Launching in Q4 2024. ApeX is further enhancing its tokenomics by leveraging $APEX as the Trading Fee Token on ApeX Omni DEX in behind schedule Q4 2024. Users who choose to pay their trading fees using $APEX, will be ecstatic with the reduced fees, creating an additional incentive to utilize the token. In a deflationary move, all $APEX tokens collected in fees will be burned, reducing the overall supply and contributing to the token’s value increasing over time.
Deflationary Tokenomics Model The combined strategies of esAPEX12, the buyback and equity program, and the utilize of $APEX in transaction fees will result in a tough deflationary tokenomics model that benefits the entire community.
ApeX is committed to enhancing its native token, $APEX, through controlled releases, strategic redemptions and a token burning mechanism, ensuring long-term growth and value for all stakeholders.
About Apex
Founded with a mission to provide decentralized, permissionless and autonomous trading, ApeX offers polished, deep multi-chain liquidity and a tough order book interface to meet the needs of traders in the cryptocurrency market. ApeX Omni is the latest product from ApeX Protocol. With state-of-the-art, multi-chain liquidity aggregation, modular, intent-driven architecture, and advanced zero-knowledge-resistant security, ApeX Omni delivers unmatched performance and security.
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