Welcome to the LandX newsletter, your source of alpha for the LandX protocol. If you would like to receive updates and be first to hear about the latest developments subscribe below.
You can also connect with us on Discord and Twitter
What’s happening at LandX this week?
🪙 LNDX Tokenomics Update
The native token of the LandX protocol LNDX has a critical role in the platform's operation, functioning as a governance token and offering several utilities. Its value is influenced by market conditions, protocol performance and volume activity.
In addition to participating in governance decisions, users can stake LNDX to earn a portion of the protocol's revenue. Validators must also stake LNDX, offering security to their partnerships. xTokens when staked, provide sustainable yield, most of which (90%) goes to stakers, while 10% is divided among $LNDX holders, the LandX treasury and the LandX Choice Fund.
The LNDX token has a maximum supply of 80 million, allocated carefully among stakeholders in the project.
Over an eight year period, tokens will become accessible to long term investors, implementing lock-in and vesting periods. As such, the token's price discovery is anticipated to be influenced initially by demand and competition for exposure to revenue distribution and voting influence.
Full announcement here: https://medium.com/landx/landx-tokenomics-update-49bb294c97f7
🤝 Partnership With PwnDAO
We are thrilled to announce our strategic partnership with PwnDAO in an effort to provide better financial options for our users and to broaden investment opportunities. The hallmark of this partnership will be the introduction of a feature that allows users to use their yield bearing xTokens as collateral for borrowing, revolutionising the space of digital finance.
LandX has always aimed to bring commodities on-chain and allow investors to diversify their portfolios. Now, with our partnership with PwnDAO, these commodities will not just be assets for growth, but also tangible instruments for securing financial needs. Users now can use any LandX tokens as collateral making the partnership an attractive proposition for investors looking forward to trying that new NFT mint or longing for a leverage opportunity. You can now conveniently unlock your liquidity without having to sell a single token and this major shift has the potential to introduce advanced investment strategies.
PwnDAO was founded in 2020 by Josef Je and Steve Fau, built with the mission to cater to the financial needs of the cryptonative generation. This partnership serves as a critical step towards our goal of integrating LandX products into the larger DeFi ecosystem. We eagerly anticipate the innovative strategies this collaboration will foster, as we take yet another step towards the future of digital finance.
🎙️ Farmers Market ve(3,3) Today
Join us today Wednesday 19th July at 12PM EST as our panel tackles one of the hottest topics in DeFi, ve(3,3).
Set a reminder here: https://twitter.com/i/spaces/1ypKdddWykpKW/peek
Learn more about how LandX can help you diversify your portfolio with inflation hedged assets that offer yield based on real world production
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfinance
Thanks for reading LandX’s Newsletter! Subscribe for free to receive updates