6 Things You Need To Know About LNDX
We are excited to share with you 9 key aspects of LandX's LNDX Tokenomics, a cornerstone of our agricultural finance ecosystem.
Governance & Platform Fees
The LNDX token is not just a governance token but also offers a yield from the platform fees accrued when we provide financing to farmers and tokenize agricultural production. Platform fees are distributed as follows:60% to LNDX token holders
35% to LandX Treasury
5% to LandX Choice
Fee and distribution percentages may change subject to market conditions and DAO proposals & votes.
Market Dynamics
LNDX offers maximum exposure to the success of LandX and volatility of crypto markets. While xTokens correlate strongly with their underlying assets we expect LNDX to be traded much more in line with narratives and demand.Token Distribution & Market Cap
Circulating supply: 5.4M LNDX, with 2.4M of that being used for liquidity.
All private round and seed investor funds are locked.
Initial market cap: Approx $2.7M at $0.50 per LNDX.
Seed investor tokens: Locked for 4 years, vesting over additional 4 years.
Community-held supply at launch: 55%.
Fundraising Token Distribution:
LandX raised over $8m USD from our seed investors, private and public rounds. We are very grateful to everyone who has supported us and made this journey possible.
Seed round: $0.189 per token, 29M tokens. Locked 4 years + 4 years vesting.
Private round: $0.23 per token, 6M tokens. Locked 3 months + 9 months vesting.
Public round: $0.50 per token, 3M tokens. Unlocked.
Allocation for Team, Staking, Liquidity, and Development:
Team: 10M tokens, Locked. vesting over 24 months.
Staking Reward Pool: Locked. 15.6M tokens, vesting over 60 months.
Liquidity: 2.4M tokens, immediately available. Distributed between market makers on centralized exchanges and liquidity pools on mainnet and Arbitrum.
Development and Stability Fund: 14M tokens Locked. vesting over 48 months.
LNDX & The Future Of Agricultural Finance
This token model is designed to foster long-term commitment and growth, both for LandX and its investors. The token plays a key role in governance and aligning incentives between stakeholders.
It is rare to see investors have 8 year timeframes in crypto markets and this is a show of commitment in our long term ambitions to revolutionize agricultural finance.
For more details on LNDX, the Exchange listing and other aspects of our project, please visit:
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfin
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