Y/i (Rewards)

Part 1 : LP Providers 0.25

Rewards will be distributed to all LPs as an incentive for them to provide their liquidity on LayX. The total reward amounts are pre-determined and will be awarded in equal amounts on a daily basis. The amount of rewards a liquidity provider stands to receive will be entirely dependent on how many LLP(LayX LP) tokens they have and the percentage quantum of the pool.

For example, if a liquidity provider provides liquidity to LayX/ETH pool and the amount equates to 5% of the total pool, the entitled claim will be 5% of the daily LayX/ETH rewards in the pool. Do take note that the percentage of an LP provider is by no means FIXED, it will always be VARIABLE due to new users entering and provider liquidity and existing LPs withdrawing. Hence, dilution and concentration is very common.

The rewards will come from swap fees as explained in the above segment. Moreover, there will be subsidies involved when project owners utilize our ai bot feature (will be explained in the bottom segments).

Part 2 : Stakers 0.025

Unlike normal staking where you stake a native token just to earn more of that native token, we feel that this is very boring and does not bring about much benefits to users especially when the token is inflationary.

When project owners want to drive more liquidity and price action into their token, they will work with LayX team to come up with a comprehensive strategy. Special farms can be created, so that users that stake certain tokens will be able to earn a hybrid of (LayX + Project A). This token will be provided by Project A. Therefore staking LayX in different farms would yield different amounts of rewards from projects and also stables aka (USDT + USDC). This would be a healthy balance for whales and projects with a huge treasury as they will be able to ascertain the real rewards they will be getting.

Part 3 : Growth Treasury 0.025

Growth treasury is a department that will be governed by both the founding team and the community. The fees collected will be utilized to focus on the total growth of this project. Expansions on product offerings, increase of rewards, purchasing of tokens to increase projects yield. At the end of every quarter (as of now) the additional returns earned from the growth treasury will be distributed to LayX token holders.