$PURPX Tokenomics

Token Distribution


Emissions

We continue to decentralise ownership of the protocol by distributing PURPX rewards to liquidity providers. The rollout of pools and ecosystem, which are more capital efficient, have allowed the protocol to distribute fewer tokens overall.

  • 8,000,000 PURPX to Liquidity Providers: Distributed retroactively to existing liquidity providers, weighted by total USD value of liquidity provided.

  • 1,000,000 PURPX to average traders: Distributed evenly to addresses with a total USD trade value between $10,000 and $50,000.

  • 1,000,000 PURPX to heavy traders: Distributed evenly to addresses with a total USD trade value β‰₯ $50,000.


Treasury

The PurpleFi Treasury ties the value of the PURPX to protocol itself. The accumulated fees may be used to fund development, manage the token supply through buy-backs, or other initiatives that support the long-term health of the protocol.


Airdrops

Participating in an airdrop is simple. Just follow our announcements and complete the specified actions, which might include tasks like joining our community, sharing our platform, or engaging with our content. Once you've met the criteria, you'll receive a share of the airdropped tokens, often directly into your wallet.


Cliff Vesting Period

  • Seed rounds and Private rounds: 12 months

  • Team and Advisory: 24 months

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