ApeX Introduces Deflationary Tokenomics Model for $APEX and 40% Discount Investment Opportunity

Saint Vincent, the Grenadines, October 1st, 2024, Chainwire

ApeX Protocol, a prominent decentralized exchange platform, is thrilled to announce the rollout of several strategic tokenomics updates aimed at enhancing the long-term value and stability of its native token, $APEX. These updates are designed to strengthen the ApeX ecosystem, providing advantages for token holders, early investors, and the broader community.

esAPEX12 Strategic Solution: Now Live

ApeX has officially introduced the esAPEX12 Strategic Solution, which addresses common challenges related to pre-sale token unlocks, such as price volatility and inflationary pressures. This innovative mechanism facilitates a smooth, regulated release of $APEX tokens, shielding the token price from market fluctuations and creating a more stable environment for investors and users.

The esAPEX12 pool, hosted on the Arbitrum network, enables unlocked $APEX to be exchanged for esAPEX12 tokens, which can be purchased by third parties under a 12-month lockup period. This method guarantees a consistent and methodical distribution of $APEX, catering to market demand while offering a 40% discount to new buyers.

Introducing the Buy-Back and Share (BBS) Program

ApeX is also excited to announce the upcoming Buy-Back and Share Program, set to launch in the next few weeks. This innovative initiative will utilize fee revenues to repurchase $APEX tokens from the market, which will then be rewarded to long-term participants. By creating steady buying pressure, this program aims to enhance the value of $APEX while allowing users to accumulate more tokens over time.

The BBS program is expected to become a cornerstone of the ApeX ecosystem, helping committed participants maximize their returns and position themselves favorably for future rewards, including stablecoins, as the platform matures.

$APEX as the Trading Fee Token — Coming in Q4 2024

In further enhancements to its tokenomics, ApeX will introduce $APEX as the trading fee token on the ApeX Omni DEX by the end of Q4 2024. Users who choose to pay trading fees with $APEX will benefit from discounted rates, providing an additional incentive for token use. In a deflationary strategy, all $APEX tokens collected as fees will be burned, reducing the overall supply and contributing to the token’s value appreciation over time.

Deflationary Tokenomics Model

The combined efforts of esAPEX12, the Buy-Back and Share Program, and the use of $APEX for trading fees will create a robust deflationary tokenomics model that serves the community.

ApeX is dedicated to enhancing its native token, $APEX, through controlled releases, strategic buybacks, and a token-burning mechanism, ensuring sustained growth and value for all stakeholders.

About ApeX

Founded with the mission to deliver a decentralized, permissionless, and self-custodial trading experience, ApeX provides seamless multi-chain deep liquidity and a robust order book interface for cryptocurrency traders. The ApeX Omni is the latest offering from ApeX Protocol, featuring state-of-the-art multi-chain liquidity aggregation, modular intent-centric architecture, and advanced zero-knowledge proof security to deliver unmatched performance and safety.

Contact:
Mariam
[email protected]

This article was originally published by Chainwire.