Tokenomics
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Overview
The Apex Token ($APEX) is designed to support the growth and sustainability of our platform. Below is the breakdown of the total supply, allocation, and additional details regarding the distribution and vesting of the tokens.
Apex Token Details
Token Contract Address:
Total Supply: 314,000,000 $APEX
Allocation Breakdown
Team Allocation
Amount: 56,520,000 $APEX
Vesting Schedule: Vested over 1.5 years with a 6-month cliff. The tokens will be released linearly over the subsequent 1 year.
Vesting Contract:
Purpose: To incentivize the core team and ensure long-term commitment to the project.
Treasury
Amount: 62,800,000 $APEX
Management: Held in a Gnosis Multisig wallet.
Wallet Address: avax:0xbbA86a95257F0803E6C7D53d3036172654aD017c
Purpose: To fund future development, marketing, and strategic partnerships.
Community & Ecosystem
Amount: 31,400,000 $APEX
Management: Held in a Gnosis Multisig wallet.
Wallet Address: avax:0xab01aBd446C76774d370e3e4Cac1735eFede7297
Purpose: To support community initiatives, grants, and ecosystem development.
Staking Rewards
Amount: 125,600,000 $APEX
Purpose: To reward users who stake their tokens and provide liquidity, ensuring the stability and growth of the platform.
Liquidity
Amount: 37,680,000 $APEX
Initial Liquidity: $5,000 in AVAX was paired with this allocation to seed initial liquidity.
Purpose: To ensure liquidity for the $APEX token on decentralized exchanges, facilitating smooth trading and price stability.
Team
56,520,000
18%
Treasury
62,800,000
20%
Community & Ecosystem
31,400,000
10%
Staking Rewards
125,600,000
40%
Liquidity
37,680,000
12%
Multisig Wallets
The treasury and community wallets are managed using Gnosis Multisig for enhanced security and decentralized control.
Treasury Multisig:
Address: avax:0xbbA86a95257F0803E6C7D53d3036172654aD017c
Community & Ecosystem Multisig:
Address: avax:0xab01aBd446C76774d370e3e4Cac1735eFede7297
Vesting Contracts
The team allocation is subject to a vesting schedule to ensure long-term commitment and prevent market flooding. The details of the vesting contracts are as follows:
bifkn Vesting Contract:
MyBad Vesting Contract:
Conclusion
The Apex Tokenomics are designed to ensure sustainable growth, reward the community, and support the long-term vision of the platform. By strategically allocating tokens and implementing a robust vesting schedule, we aim to build a strong and committed ecosystem around $APEX.