Utilities

This section provides an in-depth overview of xARX, its key features, and its role in shaping the future of Arbidex -

Lower Emissions and Inflation:

xARX plays a crucial role in controlling ARX emissions and reducing inflation. By reducing allocation ARX and earning xARX through yield-generating liquidity, yield farmers can contribute to the long-term stability of the protocol. This approach ensures that mercenary farming and farm & dumping are discouraged, creating a stronger ecosystem that rewards committed and loyal holders and strengthens ARX.

Staking, Earn Basket of Real Yield:

xARX introduces a unique opportunity for users to earn a basket of real liquid tokens. Yes, 1 staker to earn the whole basket all at once. This basket is powered by fees from our launchpad and other products (current and upcoming) , partner incentives, and allocations from launchpad projects. By holding xARX, users benefit from a diversified portfolio of tokens, maximizing their earning potential and exposure to promising projects within the Arbidex ecosystem.

*Yield Booster:

The utility of xARX extends to boosting farm rewards. By staking xARX, users can enhance their farming rewards by up to 100% (i.e. 2x), effectively doubling their earnings. This feature incentivizes long-term believers and provides an additional avenue for maximizing yield within the Arbidex ecosystem. Rewarding the hodl'er with boost and eventually 2x boost over base APR earning on the Infinity farms.

Infinity Farms:

The introduction of Infinity farms revolutionizes the earning potential for participants. By participating in Infinity farms, users can earn not only ARX and WETH but also xARX simultaneously. This creates a powerful opportunity to accumulate multiple tokens and increase overall earnings. Shift your position from traditional farms to Infinity farms and unlock the potential to earn ARX, xARX, and WETH all at once and collect/hold xARX to boost your earning up to 2x.

Flexibility:

xARX introduces a new level of flexibility to the Arbidex ecosystem. In addition to earning multiple tokens simultaneously, xARX farms can also provide incentives from partners or special promotions. This flexibility allows users to earn additional tokens beyond the traditional three, similar to the gauges offered by Balancer. For example, users can earn ARX, xARX, WETH, and FXS for providing liquidity in the Frax Pool, opening up exciting opportunities for enhanced yield generation.

Launchpad:

xARX holders enjoy exclusive perks within the Arbidex launchpad ecosystem. These benefits can include a percentage of token allocation from launchpad projects, all of launchpad fees generated, airdrops of tokens from launchpad projects, exclusive access to whitelist opportunities, and special discounts for xARX holders. This ensures that xARX holders have privileged access to exciting new projects and lucrative opportunities on the DEX on Arbitrum.

Last updated