💰$FDX Token

$FDX is the the primary native token of the Flex Perpetuals ecossystem. When paired with $ETH and staked on the platform it acts as a governance and revenue share token for the protocol. It has a fixed supply of 5,000,000 tokens (5 million tokens)

Contract address available following TGE

Key information relating to the $FDX token below:

• FDX Token Allocation

• Circulating Supply Schedule

• FDX Token Utilities

• Omnichain Fungible Token (OFT) Standard

• Vesting Transparency

$FDX Token Allocation

Category	Allocation %	# Tokens	Vesting
Seed Round	10%	500,000	6 month cliff then monthly (linear) over 18 months.
FLP Surge	5%	250,000	Monthly (linear) over 12 months
TGE	6%	300,000	Immediate
Community Incentives	44%	2,200,000	Over 4 years - monthly
Ecosystem	20%	1,000,000	5% Immediately, remaining monthly(linear) over 3 years
Team	15%	750,000	6 month cliff then monthly (linear) over 3 years.

Community Incentives - 44%

• Total number of tokens: 2,200,000

• Release Schedule: Over four years according to the emission schedule

All of the community incentives will be distributed in the form of esFDX (escrowed FDX). For specific allocation details, please visit the Rewards Allocation page.

Ecosystem Fund - 20%

Total number of tokens: 1,000,000 Release Schedule: 5% of the 20% is unlocked immediately, then linearly release over a period of 3 years.

Ecosystem fund is reserved for various growth initiatives for the FLEX ecosystem such as marketing, partnership, exchange listings, etc.

Unlocked ecosystem fund DOES NOT immediately become part of the circulating supply. They only become available for use when unlocked, but will only be utilized if required.

FLP Surge - 5%

Total number of tokens: 250,000 Release Schedule: Released monthly for 12 months

This portion is reserved for participants of the FLP SURGE event that bootstraps our trading liquidity. More details in the Launch Plan section here.

Token Generation Event - 6%

Total number of tokens: 300,000 Release Schedule: Released immediately

Token Generation Event where we conduct a fair, open and transparent price discovery mechanism. Our process will give everyone the same chance to participate in the event with no advantage to snipe bots, highest gas (e.g., whales), or insiders. More details in the Launch Plan section here.

Seed Round - 10%

Total number of tokens: 500,000 Release Schedule: 6 months cliff; then released monthly for 18 months.

Team - 15%

Total number of tokens: 750,000 Release Schedule: 6 months cliff; then released monthly for 36 months.

Circulating Supply Schedule

• esFDX is distributed as community incentives and must be vested before it can be sold.

• Unlocked ecosystem fund DOES NOT immediately become part of the circulating supply. They only become available for use when unlocked, but will only be utilized if required.

FDX Token Utilities

Below are the current and planned utilities for FDX token:

Native @ Flex Perpetuals:

1. Earn 30% share of protocol revenue in USDC when paired with ETH & staked as stFDXLP (shared with staked esFDX & FP).

2. Earn a share of esFDX community incentives token emissions when paired with ETH & staked as stFDXLP.

3. Earn Flex Points at 100% APR when paired with ETH and staked as stFDXLP.

4. Receive tiered trading fee discount when paired with ETH & staked as stFDXLP.

5. Receive governance voting rights to help shape key decisions on the development of FDX exchange (only stFDXLP holders can vote. esFDX and DP have no voting power - coming soon...)

6. $FDX Token can simply be held as a speculitive play for long term price appreciation

• Users can choose to stake and unstake stFDXLP tokens at anytime. However, when unstaking, there will be a 21-day period before you can claim your tokens.

• Unvested private sale FDX token (LFDX) can also be staked to earn a portion of the protocol revenue along with stFDXLP. However, they ARE NOT eligble to earn other incentive rewards - esFDX, Flex Points. 50% of the rewards earned by LFDX stakers are immediately claimable while the other half can only be claimed with a 6 month delay.

On Aerodrome.Finance

1. Earn incentivized AERO rewards by staking FDX/ETH LP directly on Aerodrome.Finance

The FLEX team used a portion of Seed capital to buy and lock veAERO. This allows the team to directly incentivize the $FDX/$ETH LP on Aerodrome and provides an interesting dynamic to staking options with the $FDX token.

FDX Liquidity

FDX team will use part of the contribution from the Seed Round & TGE to launch our FDX-ETH liquidity pool on Aerodrome.Finance with ~$amount dependent on total raise

Omnichain Fungible Token

FDX is built with a multi-chain future in mind. That's why the $FDX token is built utilizing the Layer Zero's Omnichain Fungible Token (OFT) standard. By implementing the OFT standard, we can seamlessly move the $FDX token across different chains while maintaining the same level of security and decentralization.

When FDX expands its presence beyond Base in the future, it will be a simple task to bridge $FDX over to continue providing incentives as well as utilities to our users on other chains.

Vesting Transparency

For complete transparency to the community, we are sharing the relevant locked / vesting transactions below: TBC

• POL in Aerodrome.Finance:

• Seed Round (6 month cliff, 18 months vesting):

• Team (6 month cliff, 36 months vesting):