CLDX Token
Cloudax will be launching our $CLDX token soon.
CLDX is the native token of the Cloudax ecosystem. CLDX is structured to serve as a fluid currency within the Cloudax Ecosystem while remaining attractive to Cloudax investors. CLDX has been built on Arbitrum Chain.
CLDX will power the operations of Cloudax Ecosystem.
CLDX is the sole currency for direct purchase of ECO.
CLDX will be used to make select purchases within the Cloudax ecosystem.
CLDX will be staked to earn rewards.
CLDX will be used for transactional fees within the Cloudax ecosystem.
CLDX Token
The native token in the Cloudax ecosystem.
Ticker: CLDX Chain: Arbitrum Max Supply: 200,000,000 Contract:
ECO Token
ECO is a non-transferrable governance & utility token, correlated to staked CLDX. ECO is utilized in the Cloudax Stake Modules in exchange for benefits such as revenue share, boosted platform advantages, subscription tiers, and more.
ECO > CLDX redeem
The redeem process to convert ECO to CLDX utilizes proportional linear vesting, the duration of which is selected by the user.
Time
15 days
6 months
Ratio
50%
100%
** If the selected vesting duration is lower than the maximum ratio, the unclaimed excess CLDX is burned or redistributed to ECO stakers.
Liquidity Incentives
To encourage utilization within the Cloudax ecosystem, liquidity incentives will aim to tackle friction points and reward long term user supporters
The initial iteration will utilize a decaying emissions rate with rewards distributed as 80:20 ratio of ECO to CLDX to encourage utilization and long term alignment of the protocol in the growth phase.
Secondary iteration will introduce a dynamic flywheel to boost incentives and create more sustainable emissions.
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