Tokenomics
The LogX Foundation is proud to unveil $LOGX
, the native governance and gas fee token of LogX Network, marking a significant advancement in growing a fully community-driven protocol. The $LOGX
governance token is set to play a pivotal role in empowering LogX users and contributors to impact decision-making processes and guide the future direction of the LogX ecosystem.
Spec and Utility
- Symbol: LOGX
- Network: Arbitrum, Ethereum, Base, Solana (more coming soon)
- Standard: ERC-20 and SPL
- Total Supply: 1,000,000,000 LOGX
- Initial Circulating Supply: 130,000,000 LOGX
Governance
$LOGX
token holders will be able to stake their $LOGX
in order to participate in DAO governance voting and participate in decision-making voting for integration of new chains, new consumer app deployment and budget approvals.
Net Revenue Share
100% of net revenue will be shared with $LOGX
stakers via buyback and distribute program.
Ecosystem Airdrops
As LogX Network expands and launches new products, $LOGX
stakers will get airdrops for using the product.
Partner Airdrops
LogX works with 30+ partners closely who value the LogX community. $LOGX
stakers will get partner airdrops from them.
Boosted Trading Rewards
$LOGX
holders and stakers will get boosted trading rewards when they interact with LogX ecosystem.
Gas Fee
$LOGX
is the native gas fee token of LogX Network and $LOGX
stakers will get 100%
gas subsidy when using LogX Network.
Early Access to Premium Features
Token stakers gain early access to premium features, fostering a sense of exclusivity and encouraging user feedback for continuous improvement.
Contract Addresses
Arbitrum L2
LOGX Contract Address: 0x59062301Fb510F4ea2417B67404CB16D31E604BA
Ethereum L1
LOGX Contract Address: 0xa3F4341C3fEf5963AB04135D2014AC7d68222E19
Base L2
LOGX Contract Address: 0x04055057677807d2a53d2b25a80ff3b4d932ae1a
Solana L1
LOGX Contract Address: 7cHJTPkhnCKesVFijmMXVFVY4HjpkLd9qYjg6neb74yD