LAUNCH DETAILS
On launch, 5,000,000 tokens will be distributed according to the image below:
▹ Airdrops: 1,000,000 xSHADOW
▹ LGE: 500,000 xSHADOW
▹ Core Contributors: 1,000,000 xSHADOW & Vested SHADOW
▹ Reserves: 1,000,000 SHADOW
▹ Partnership Allocation: 1,000,000 xSHADOW
▹ POL: 500,000 SHADOW
100% of ALL emissions go to gauges; there is no team emissions or other distributions.
LIQUIDITY GENERATION EVENT
You can contribute Fantom in exchange for xSHADOW, which can be claimed in FULL once Shadow Exchange launches. xSHADOW is illiquid and subject to vesting, so in return participants will receive a 50% bonus in tokens for contributing.
SHADOW and xSHADOW can be freely converted to and from each other. xSHADOW can be converted instantly to liquid SHADOW at penalty of 50%, or linearly over the vesting period. Docs will be released tomorrow prior to LGE start.
▹Allocation: 500,000 SHADOW
▹Soft Cap: 500,000 FTM
▹Hard Cap: 1,000,000 FTM
▹Initial Price:
2 FTM = 1 SHADOW @ HARDCAP
1 FTM = 1 SHADOW @ SOFTCAP
▹Where : https://shadowdex.fi/lge
Starting: March 9th at 2PM EST / 7PM UTC
Ending : March 16th at 2PM EST / 7PM UTC
REFERRAL KICK BACK
Users can generate a referral link to share that will provide the sharer with a flat 5% of any contributions made with the link. Feel free to share these referral links within your community and socials.
AIRDROP DETAILS
Shadow Exchange will have two airdrops, one pre-launch to Fantom NFT communities & veRAM holders. Second one is post-launch and will incentivize users of the Shadow via a Points Program!
Shadow Points Program
The Shadow Points Program (SPP) is our take on the traditional points program, like typical programs SPP will incentivize users who provide liquidity and interact with the protocol.
Shadow Points (SP) can be redeemed for xSHADOW.
NFT Airdrop
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We want to encourage users to continue to trade the NFTs that have been revealed as airdrop recipients. We will continue to announce airdrops and UNTIL WE FINISH no snapshot will be taken.
Collections revealed:
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WHAT IS xSHADOW?
xSHADOW is a non-transferable staked version of SHADOW. It can be earned from providing liquidity, via our future points program or through direct SHADOW conversion.
It serves as a representation of one unit of SHADOW, securely stored within the xSHADOW token smart contract. SHADOW and xSHADOW can be freely converted to and from each other, each with unique penalties and vesting periods.
Features
As a non-transferable token, xSHADOW cannot be traded on the market; its value is intrinsically linked to participation and stake within the platform.
- Voting: Holding xSHADOW grants you the right to vote and receive bribes from partners/gauges. xSHADOW plays a crucial role in balancing the ecosystem, with emission splits and vote bribes tailored to support low-impact liquidity pairs and advance vote-bribe matching programs.
- Incentives: xSHADOW holders benefit from exchange fees, flat emissions, and rebases fueled by early exits and conversions from SHADOW to xSHADOW.
- Exit Options: xSHADOW offers two exit strategies — an instant exit at a 50% penalty or a linear vesting over a chosen duration, this system is designed to avoid accumulating dead voting power.
- Proportional Rewards: The vesting mechanism is designed to reward long-term holders. The longer the vesting period, up to a maximum of six months, the higher the xSHADOW output, encouraging sustained participation.
These systems may be subject to change/evolve closer to launch.
Join the Shadow Exchange Community
As we embark on this exciting journey, we invite you to join the Shadow Exchange community and be a part of the future of Fantom:
Website — shadowdex.fi
Twitter — @ShadowDexFi
Discord — discord.gg/shadowexchange
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