# Other Platform Tokens There are a total of five platform-issued token at Flex Perpetuals: * [FLP](#flp) * [FDX](#fdx) * [esFDX](#esfdx) * [Flex Points (FP)](#flex-points-fp) * [Flex Trade Credits (FTC)](#flex-trade-credits-ftc) ## FLP FLP is a token users receive from depositing their assets into the FLP vault, whose assets act as the liquidity for leveraged traders at Flex Perpetuals. Each FLP token represents a share of the ownership of assets within the FLP vault. **Token Contract:** 0x6304CE3F4eF20EC0AaB3981d0B4428Beeb96c3aC **FLP Price Calculation:**\ $$FLP=Ī£(AssetsinFLPāˆ—AssetMarketPrice)+PnL$$ **How to obtain:** * Deposit USDC, cbBTC or WETH into the FLP vault **Staking Contract:** 0x053fa05d34c51afC5cb9f162Fab3fD675Ac06119\ **Utilities:** * Earn 45% of protocol revenue in the form of USDC when staked * Earn a share of esFDX token emission when staked * Accrue profits from acting as the counterparty for traders on Flex Perpetuals ## FDX When staked as stFDXLPthe Governance tokens of Flex Perpetuals. In addition to granting participation in the Governance process of the protocol, it also accrues value from the platform revenue **Token Contract:** 0xE248c0bCE837B8dFb21fdfa51Fb31D22fbbB4380 **How to obtain:** * Participate in Launch Event (TGE) * Purchase it from the FDX-ETH liquidity pool on Aerodrome.Finance * Vest esFDX **Staking Contract (stFDXLP):** 0xF00e53B7F3112834625f5AD5d47dA0e6E427E660\ **Utilities:** * Earn 30% share of protocol revenue in USDC when paired with ETH & staked as stFDXLP (shared with staked esFDX & FP). * Earn a share of esFDX community incentives token emissions when paired with ETH & staked as stFDXLP. * Earn Flex Points at 100% APR when paired with ETH and staked as stFDXLP. * Receive governance voting rights to help shape key decisions on the development of FDX exchange (only stFDXLP holders can vote. esFDX and FP have no voting power - coming soon...) * $FDX Token can simply be held as a speculitive play for long term price appreciation {% hint style="info" %} Unvested private sale FDX token (LFDX) can also be staked to earn a portion of the protocol revenue along with stFDXLP token. However, they **ARE NOT** eligible to earn esFDX rewards. \ **LFDX Token Contract:** 0x8ae234597bf9670aa854e3928a2b016AF2cbA33b {% endhint %} ## esFDX To protect FDX holders, esFDX (escrowed FDX) is distributed as incentive rewards to the stakers of stFDXLP & esFDX tokens and FLP tokens on FLEX. esFDX token is the escrowed version of the FDX token and cannot be traded. It must first be vested before it can be traded. However, the esFDX tokens possess the exact same utilities as FDX tokens. More details on the vesting mechanics & schedule of esFDX can be found [here.](/tokenomics/usdesfdx-vesting-schedule.md) **Token Contract:** 0x915595336Dad62fD1C3600193a16B3F44B44d27E **How to obtain:** * Stake esFDX, stFDXLP, or FLP * Earn via Trade to Earn program **Staking Contract:** 0xbD5E6070E1dd19Bd3af24A46caE2634dA9f22e5B\ **Utilities:**
* Earn 30% share of protocol revenue in the form of USDC when staked (shared with staked stFDXLP & Flex Points) * Earn a share of esFDX token emission when staked * Earn Flex Points at 100% APR when staked ## Flex Points (FP) FP aims to reward long term supporters of Flex Perpetuals without creating an inflation on the FDX tokens. The owner of the FP can stake them to earn a share of protocol revenue, which is split among staked esFDX & stFDXLP. **Token Contract:** 0x4A3AdB82b2BFcd46Ed47dAC3CB69fc357Bb399B3 **How to obtain:** * Stake esFDX or stFDXLP **Utilities:** * Earn 30% share of protocol revenue in the form of USDC when staked (shared with stFDXLP & staked esFDX) 1 FP = 1 esFDX in the calculation for revenue sharing. {% hint style="info" %} We convert the USD value of stFDXLP into equivalent $FDX quantity to calculate the appropriate Flex Point distribution. {% endhint %} {% hint style="info" %} If you unstake your esFDX or stFDXLP, your accrued Flex Points, equal to the ratio of your unstaking balance, will automatically be unstaked and burned. {% endhint %} ### Flex Trade Credits (FTC) For every $1 of trading volume, Flex Perpetuals users will be awarded at least 1 FTC (depending on the asset that they trade). Each week, esFDX & other Incentive rewards will be distributed pro-rata to traders based on their FTC amount. **Token Contract:** 0x78e82092F2E8a251a1Db7D98b60f8EAee1B1E4Af **How to obtain:** * Open a leveraged trading position at Flex Perpetuals (users will receive at least 1 FTC for every $1 worth of trading volume). **Utilities:** * Receive a share of esFDX rewards and other incentives Below is a table summarizing the FTC awarded to traders for $1 worth of trading volume for each respective asset: | Asset | # of FTC per $1 of Trading Volume | | ------------ | --------------------------------- | | BTC & ETH | 2.5 | | Other Crypto | 5.5 | | Commodity | 5.5 | | FX | 1.5 | {% hint style="info" %} Only trades that increase positions' size will be awarded FTC {% endhint %} ## Flex Perpetuals Revenue Share Model
## Flex Perpetuals Staking Flows
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