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  1. Tokenomics

Token Utilities

PreviousTokenomics

Last updated 1 year ago

BitRexe will receive fees from the decentralized applications, as well as a 20% commission fee from the transactions of FCA (First-Class Asset). $BRX tokens can be staked to earn incentives from gathered fees all across the BitRexe blockchain ecosystem. To summarize:

  • Staking for incentives provided by collected gas fees paid by users.

  • Gas Fees are collected in $BRX tokens.

  • FCA (First-Class Asset) commission fees

  • Gathered fees (Gas fees + FCA commission fees) are distributed (60% staking, Dioxide Foundation treasury 20%, burned 20%).

  • Estimated 50% token burn; after the burn cap is reached, gathered fees are distributed (75% staking, 25% Ecosystemfund).

All the fees will be distributed in the following order:

  • 60% $BRX will be distributed to the staking pool.

  • 20% $BRX will be distributed to the Ecosystem funding treasury (To develop infrastructure and provide grants to ecosystem d-apps).

  • 20% $BRX tokens will be burned. Estimated is the total burn of 50% of $BRX total supply.

*After the burn cap is reached:

  • 75% $BRX will be distributed to the staking pool.

  • 25% $BRX - to the Enrex treasury.

The earnings that holders and liquidity providers receive will be directly proportional to the amount of $BRX tokens staked.

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