PEX

Governance Token of the Perp Dex

PEX is the Goverance token of the PEX ecosystem. It performs as the equity of the entire project and holders can enjoy the protocol growth. PEX holders can freely trade the PEX token on the listed exchange.

$PEX Information

Total Supply: 100,000,000

Ticker: PEX

Purchase: Buy page (Coming soon).

Token Address: TBC (zksync)

After staking PEX, you will receive xPEX token (Address:TBC).

Distribution

Category	Supply	Details
Team	15.00%	Vested linearly over 24 months
Private sale	5%	10% initially unlocked, vested linearly over 24 months
Trading Incentive	40.00%	Reserved for trading incentive. Limited to 40% (400M) in total, and 10% max yearly.
Marketing	7.5%	7.5% will be the marketing token
Public Sale	10.00%	IDO details will be released
DAO/Strategy/Treasury	20.00%	Reserved for emergency use, locked in a multi-sig wallet

Vesting

Staking

Users can stake PEX for the protocol revenue and the weekly xPEX emission. When users stake PEX token, they will receive the same amount of the xPEX token. For the usage of xPEX token, please refer to the xPEX page.

PEX stakers can enjoy the protocol revenue distribution and the xPEX emission.

For staking, please go to the PEX official website.

Governance

In the beginning stage, the maintenance of the PEX platform, including fee setting and distribution, will be managed by the Project Team. In the future, the PEX stakers can perform the governance features by voting and proposing the adjustment and innovation.