Voltar
The INDX token is the core of the Cryptoindex ecosystem, driving its growth, stability, and user engagement. It is also the main means of rewarding participants, including index creators, liquidity providers, and token holders. So, let’s check out the tokenomics in detail!
Token Distribution
The total supply of INDX tokens is 1.5 billion tokens. They are distributed across various categories to ensure the growth and sustainability of the platform. The distribution includes rewards for index creators, liquidity providers, and participants, while also incentivizing the continued development of the ecosystem.
Pre-sale: 28.9% of tokens, or 433.5 million. These tokens will be used to raise funds in the early stages of the platform's development.
Team: 5.0%, or 75 million tokens. These tokens are allocated to the project team and will be unlocked gradually, in line with long-term growth.
Advisors: 2.0%, or 30 million tokens. These tokens are for the project's consultants and partners.
Listing Fund: 8.0%, or 120 million tokens. These tokens will be used for listing and marketing on various platforms.
Liquidity: 10.0%, or 150 million tokens. These tokens will provide liquidity on decentralized platforms for trading.
Community Rewards: 23.0%, or 345 million tokens. These tokens are designated for rewarding users for active participation in the ecosystem.
Treasury Fund: 23.1%, or 346.5 million tokens. These tokens will be used to support the long-term stability of the platform.
Core Functions of INDX Tokens
The INDX token serves several key functions within the platform:
For Index Creators
Creators earn INDX tokens as rewards for managing indexes, along with seasonal bonuses and commissions from users.
For Index Buyers
Users purchasing indexes can earn INDX tokens through participation in the rewards program.
For Liquidity Providers
Users who add liquidity to decentralized pools will be rewarded with INDX tokens.
Thus, the INDX token is central to the entire ecosystem and a vital tool for all participants.
Subscription for Index Creators
To create and manage indexes on the platform, users need to purchase a subscription in INDX tokens. There are three subscription tiers, each offering different benefits:
Tier 1
Costs $800 in INDX tokens. Provides unlimited index creation, access to 5 or more blockchains, and the ability to include up to 30 tokens in an index.
Tier 2
Costs $420 in INDX tokens. Includes the creation of 10 indexes, access to 3 blockchains, and the ability to include up to 20 tokens.
Tier 3
Costs $150 in INDX tokens. Includes the creation of 5 indexes, access to 1 blockchain, and the ability to use only low-risk tokens.
Referral Program
The platform also offers the opportunity to earn INDX tokens through a referral program. Users can receive rewards for bringing new users onto the platform.
Referral Level 1
The user who referred another receives a percentage of the fees paid by the new user, including entry, exit, and management fees. For turnover up to $500, one can earn 3% cashback and 1% staking bonus.
Referral Level 2
Referrals also generate income at the second level, but the reward percentage is lower. For turnover up to $2,500, one can earn 5% cashback and 3% staking bonus.
Referral Level 3
An additional level of referrals, with even lower rewards. For turnover over $2,500, one can earn 10% cashback and 5% staking bonus.
Commission Structure and Index Holders Fees
Cryptoindex charges various fees to maintain its operations and reward creators and liquidity providers:
Entry Fee
A fee charged to users when purchasing an index. Creators can set this fee in the range of 0.5% to 5% of the transaction amount. So, if a user buys an index for $1000, the fee would be $5.
Exit Fee
A fee charged when selling an index. This also ranges from 0.5% to 5% of the transaction amount.
Management Fee
This fee is charged monthly at 0.0-5.0% of the amount invested in the index or 0.0-20.0% of the profit. It is paid upon exiting the index, along with the exit fee. If the index value increased to $1076.3 after one month, the fee would be $5.40
Conclusion
As you see, the INDX token is not about holding, it is about the actual value. If you fancy profits and extra opportunities, take it into consideration!