Tokenomics and Airdrop

LGE Details, Points Program, and Core Mechanics Explained

LAUNCH DETAILS

On launch, 3,000,000 tokens will be distributed according to the image below:

Initial Distribution

1. Contributors: 750,000 xSHADOW
2. LGE (Presale): 750,000 xSHADOW
3. Protocol-Owned Liquidity (POL): 300,000 SHADOW
4. Reserves: 450,000 SHADOW
5. Community Incentives: 150,000 xSHADOW
6. Airdrop: 300,000 xSHADOW
7. Partners: 300,000 xSHADOW

Initial Distribution Breakdown

Token Sale

You can contribute Fantom in exchange for xSHADOW, which can be claimed in FULL once Shadow Exchange launches.

SHADOW and xSHADOW can be freely converted to and from each other. xSHADOW can be converted instantly to liquid SHADOW at penalty of 50%, or linearly over the vesting period. Docs will be released tomorrow prior to LGE start.

▹Allocation: 500,000 xSHADOW ▹Soft Cap: 500,000 FTM ▹Hard Cap: 1,000,000 FTM 2 FTM = 1 xSHADOW

▹Where : https://shadowdex.fi/lge

Starting: March 9th at 2PM EST / 7PM UTC Ending : March 16th at 2PM EST / 7PM UTC

REFERRAL KICK BACK

Users can generate a referral link to share that will provide the sharer with a flat 5% of any contributions made with the link. Feel free to share these referral links within your community and socials.

AIRDROP DETAILS

Shadow Exchange will have two airdrops one to Fantom NFT communities & another to veRAM holders.

NFT Airdrop

We want to encourage users to continue to trade the NFTs that have been revealed as airdrop recipients. We will continue to announce airdrops and UNTIL WE FINISH no snapshot will be taken.

Collections revealed:

AncestralUmans BitUman Beardies RiotGools Skullys Derpe Dewdz Astrokid Fantom Rock

What x(3,3)?

xSHADOW x(3,3)

xSHADOW is a novel x(3,3) implementation developed by the SHADOW team to address the sustainability challenge associated with earlier ve(3,3) models. xSHADOW is a non-transferable representation of 1 unit of SHADOW held in voting escrow within the xSHADOW token smart contract. Only holders of xSHADOW have voting rights on SHADOW. While xSHADOW itself is non-transferable, it provides users with several exit options, each with unique attributes and vesting periods.

Users can acquire xSHADOW through voting incentives and token emissions directed to liquidity pair gauges. A portion of xSHADOW tokens may also be directed to advance sustainable vote-incentive matching programs to further incentivize market participants.

Each gauge will have the opportunity to earn a proportionate split of SHADOW and xSHADOW tokens based on the liquidity pair’s role and impact on DEX profitability and sustainability. Core pairs, which contribute significantly to the ecosystem’s growth and DEX sustainability, will receive the majority or entirety of emissions in liquid SHADOW.

PVP Rebase

SHADOW incorporates a unique player vs. player (PVP) take on the traditional ve(3,3) anti-dilution (rebase) model which is designed to both protect xSHADOW holders from dilution and to incentivize them to maintain their positions and participate in the continued success of SHADOW.

100% of xSHADOW tokens that are forfeited upon instant exit or subject to the haircut upon exit prior to full vesting by exiting xSHADOW holders are streamed to all other xSHADOW holders and can be claimed in proportion to their respective positions, serving as both dilution protection (rebase) and loyalty reward.

SHADOW > xSHADOW conversion

SHADOW can be freely converted into xSHADOW at any time. The process is instant, and the ratio is 1:1.

xSHADOW > SHADOW redemption

Converting xSHADOW to SHADOW involves a user-selected vesting period that directly influences the conversion ratio. The longer the vesting, the more favorable the ratio:

• An immediate conversion incurs a 50% penalty, offering a 1:0.5 ratio.
• Opting for a full 6-month vesting period results in a 1:1 ratio, eliminating any penalty

Vesting can be cancelled only during the initial 14 day vesting period. xSHADOW is returned to a user upon cancellation of vesting. Once a minimum initial vesting period has elapsed, the vesting becomes permanent and a user may withdraw liquid SHADOW tokens subject to the haircut then applicable as determined based on the portion of the vesting period that has been completed. Upon completion of the maximum 180 day vesting length a user receives SHADOW tokens in proportion to their xSHADOW on a 1:1 basis.

This rebase mechanism not only discourages premature exits but also ensures that the remaining participants are rewarded for loyalty and active participation.

These systems may be subject to change/evolve closer to launch.

Join the Shadow Exchange Community

As we embark on this exciting journey, we invite you to join the Shadow Exchange community and be a part of the future of Fantom:

Website — shadowdex.fi Twitter — @ShadowOnSonic Discord — discord.gg/shadowexchange