SmarDex

Explore the tokenomics of SmarDex(SDEX) and review the project details below.

What is the allocation & supply schedule for SmarDex(SDEX) ?

The supply of SDEX is 10,000,000,000 tokens. Here is the initial distribution details:

50% Volatility Vault (Liquidity Pool): SmarDex set up a SDEX/USDT Volatility Vault, originally filled with 5 billion units of SDEX and supplemented with an additional 500,000 USDT, resulting in a total Volatility Vault value of 1 million USD. This Volatility Vault introduced a 2.5% weekly withdrawal rate and extended yield farming rewards for liquidity providers. The last withdrawal occurred on December 12th 2023.

37,5% Long-Term Yield Distribution: 37.5% Long-Term Yield Distribution for Farming and Staking: The distribution of long-term yields, adjusted according to the circulation of SDEX tokens in the market, is structured to benefit both LPs and stakers. This yield distribution is designed to unfold over an estimated period of 10 years, supporting the longevity and sustainability of the protocol for both farming and staking activities.

12,5% Boost Yielding Period: To incentivize participation, a Boost Yielding period was instated during SmarDex's launch, lasting for 4 weeks. This move aimed to encourage liquidity providers by offering a substantial reward of 1,250,000,000 SDEX tokens. The distribution began on March 14th 2023 and finished 4 weeks after, on April 12th 2023.

Since the team have completed the boost period and also finished withdrawing 2.5% from the first created Volatility Vault, the only way to 'mine' SDEX tokens is through the long-term distribution of rewards specifically for farming and staking. These rewards will be distributed over the 10 years following the launch.