Adrena
  • About Adrena
    • ๐Ÿ‘๏ธVision
    • ๐Ÿ’‰What is Adrena?
      • โœจNo Liquidation Fees
      • ๐Ÿซ—Peer-to-Pool Perp Model (and the risks as a Liquidity Provider)
      • ๐Ÿ‹๏ธTrading Competitions
        • 0๏ธโƒฃPre-Season: Awakening
        • 1๏ธโƒฃSeason 1: Expanse
      • ๐Ÿ’ฝRPC and Trade Execution
    • ๐Ÿง€Fees
      • ๐Ÿ’ฐRevenue Sharing
      • ๐ŸฏWays to Earn Overview
      • ๐Ÿ’ฑBuybacks
    • ๐Ÿ‘พTrader Profile
    • ๐Ÿ“–Achievements
    • ๐ŸงชMutagen (Points System)
    • ๐ŸคReferral System
    • Audits
    • Bug Bounty Program
    • ๐Ÿ”—Useful Links
  • Tokenomics
    • ๐ŸซฆTokenomics Overview
    • ๐Ÿช™ADX
      • ๐Ÿค‘Distribution
      • ๐Ÿ’ธEmissions
      • ๐Ÿ‘ฅForms of ADX
      • ๐ŸฆบVesting
      • ๐ŸšฐStaked ADX - Rewards Emissions Schedule
      • ๐Ÿ”Staking and Duration Locked Parameters for ADX
      • ๐Ÿ—ณ๏ธVoting
    • ๐Ÿ’ŽALP
      • ๐ŸŒŠGenesis Liquidity [terminated]
        • ๐Ÿ’ฆGenesis Liquidity Program [Terminated]
      • ๐ŸšฐStaked ALP - Rewards Emissions Schedule [Terminated]
      • ๐Ÿ”Staking and Locked Stake Parameters for ALP
  • Technical Documentation
    • ๐Ÿ‘คGovernance Shadow Token
    • ๐Ÿค–MrSablier & MrSablierStaking (Open Source Keepers)
    • ๐Ÿ”ฎOracles and Price Feeds
    • โ˜ข๏ธ"Toxic Flow" Countermeasures
    • ๐Ÿช–Position Parameters
    • โŒšSablier Automation Threads (deprecated)
    • ๐ŸฆStaking Implementation Details
    • Terms and Conditions
    • Token Terms and Conditions
  • Guides
    • ๐Ÿ’ปHow to Change to Devnet in Phantom Wallet
    • ๐Ÿ’งHow to get Devnet SOL
    • ๐Ÿ’ฐHow to Get Tokens to Trade
    • ๐Ÿ“ˆHow to Open and Close a Trade
  • Reports
    • 21/11/2024 - BE - Increase Position, position.price miscalculations
    • 22/10/2024 - Upgrade staking accounting issue causing extra reward distribution
    • 12/10/2024 - BE - Borrow fees reset on position increase
    • 01/10/2024 - BE - Custody internal state for `Assets` reports too much locked collateral
    • 27/09/2024 - BE - Missing accounts reload during fee distribution
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  1. Tokenomics
  2. ADX

Forms of ADX

PreviousEmissionsNextVesting

Last updated 8 months ago

Forms of $ADX

$ADX exists in 4 forms: Liquid, Staked, Locked Stake, and Vesting

  • Liquid $ADX exists in user wallets, is freely tradable, but does not vote, get USDC revenue, or get ADX rewards

  • Staked $ADX votes, gets USDC revenue, and is able to be unstaked at any time.

  • Duration Lock $ADX votes, gets USDC revenue, and gets $ADX token rewards -- including multipliers the longer you lock your staked $ADX. You have the ability to "early exit" any locked $ADX, but you will take a 5-40% reduction to your collateral based on time left on the duration lock period.

  • Vesting $ADX is reserved for team and investors. Vesting ADX unlocks linearly over 2 years after TGE (except for the first 3 months, where there is 0 vesting). Vesting ADX votes but doesn't get USDC revenue or ADX rewards

Liquid $ADX

Staked $ADX

Duration Lock $ADX

Vesting $ADX

USDC rev share

No

Yes

Yes

No

Governance votes

No

Yes

Yes

Yes

ADX emissions

No

No

Yes

No

Multipliers

No

No

Yes

No

Economic benefit

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