Tokenomics

FxBox believes in absolute fairness for all traders in the BSC ecosystem. The FXB token have pre-mine 5% for strategic partners, liquidity pools, airdrops, bounty and IDO and they will burn after daily rewards. FXB token was a fair launch token, proving the fairness the FXB token possesses.

FxBox traders can obtain the FXB token via

FXB Tokens are the token of FxBox project and can be used in various cases including

1

NFT Currencies LP farming

2

Summon NFT Currencies

3

Traded on FOREX platforms

4

Traded on DEX /CEX platforms

5

Purchase lottery tickets & upcoming mini games

6

Play the Oracle GameFi

FXB Token emission inflation via mining

LEVEL TOTAL MINING POWER DAILY REWARDS
1 0 ~ 50000 20,000
2 50000 ~ 100000 40,000
3 100000 ~ 200000 80,000
4 200000 ~ 300000 120,000
5 300000 ~ 400000 160,000
6 >400000 200,000

FXB token specifications

FXB Token distribution and issuance

Year Weight Amount (FXB)
1 45.00% 90,000,000
2 25.00% 50,000,000
3 15.00% 30,000,000
4 9.00% 18,000,000
5 7.00% 14,000,000
Total 100% 200,000,000

Beginning year 6, 10,000,000 new FXB tokens may be minted depending on community vote.

Token Allocation (Year 1)

Community 85.00% 76,500,000 Based on Mining Pool
For Strategic Partners, Liquidity pools, Airdrops, Bounty and IDO. Only First Year 5% 4,500,000 100% Unlock at listing (Pre-mining)
FxBox 10.00% (5% Burn. Only first year). 2% to Lottery Injections. 3% for Forex and Oracle trading. 9,000,000 (4,500,000 Burn after generation). 1,800,000 to Lottery Injections. 2,700,000 Forex and Oracle. Based on Daily Rewards
Total 100% 90,000,000

Any tokens not mined in the first year will be burned.

Burns and Buybacks

To ensure stability in the FxBox ecosystem, buybacks and burns will be initiated during certain market conditions reducing volatility in the price of FXB. 

Buyback outline

The application layer follows a certain algorithm that monitors price action every hour on DEX platforms and if a certain condition is met (outlined below), a buyback will occur, automatically controlled by the buyback contract. All buyback funds are generated via the fee revenue system from the marketplace (3%), Summon feature and profit from Lottery/Oracle/Forex trading.

Burn rules

The FXB token is burned via 2 methods:

Start earning now

FxBox believes in absolute fairness for all traders in the BSC ecosystem. The FXB token have pre-mine 5% for strategic partners, liquidity pools, airdrops, bounty and IDO and they will burn after daily rewards. FXB token was a fair launch token, proving the fairness the FXB token possesses.