Solidex Tokenomics

SOLIDsex token

1 SOLIDsex is minted for every 1 veSOLID locked in the protocol, this is a constant 1:1 representation.

SEX token

LPs are compensated with SEX rewards at a rate of 4.2069:1, meaning that for every 4.2069 SOLID earned by the LPs, they receive 1 SEX. As a result, SEX emissions follow the uncapped emission of SOLID, and will decrease as SOLID emissions slow down.

Every time SEX is minted, its allocation is as follows:

Group	Share
Liquidity Providers	66.5%
SOLIDsex Stakers	3.5%
Solidex Team	20%
NFT Partners	10%*

* Depending on the amount of initial partners, this allocation may go up to 15%, upon which the table will change slightly.

Upon launch, there is an initial allocation of SEX tokens to Partners, corresponding to roughly 3 months of their expected earning. This is an advance of tokens, meaning that Partners do not earn further SEX tokens from the protocol until this advance has been earned via the protocol earning SOLID. There is no other initial allocation, or vesting of SEX tokens. The team only earns SEX tokens if the protocol is being used and is earning SOLID.