🛠ī¸Utility

The FALX token serves multiple purposes:

  • Native DEX: The token has launched and is tradable directly on the FalXDex website.

  • Long-term FALX value: Due to fixed total supply without minting, the value of the FALX token is likely to increase over time.

  • Staking Rewards: Users can stake their FALX tokens to earn passive income and help secure the platform (after staking will be launched, both for single token and LP).

  • A portion of the Dex's fees collected is going to be distributed weekly by way of airdrop, to the top 100 FALX stakers.

  • Fees collected from staking, harvesting & unstaking, all feed back into the FalXDex ecosystem (Staking & harvest fee = 1.5% with unstaking being 1%)

Future utility being produced by the project, which will greatly increase long-term sustainability and overall value of the project:

  • FalXDex Router (Will ensures transactions are processed quickly and at the lowest possible cost, collecting small fees that will feed back into the FalXDex ecosystem)

  • Telegram Bot Integration (additional utility for the FALX token, incorporating a revenue share model)

  • NFTs (Required to play games on the Dex, whilst also providing benefits to the holders)

  • Cross-chain bridge (Allowing the swapping of crypto assets from different blockchains on FalXDex)

  • Defi gamification

  • Even more is coming - please check the Roadmap section for details!

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