SDEX
Last updated
Last updated
SmarDex is at the forefront of innovation in the world, with numerous revolutionary projects in the pipeline. Each initiative is designed to transform the ecosystem by introducing new and efficient solutions. All these projects are, or will be, connected in some way to the , enhancing its value and utility within our ecosystem.
To support the value of SDEX, we have implemented a buy back and burn mechanism within the , powered by two main sources:
8% of each paid by the vault or long positions is used to purchase and burn SDEX.
During each USDN token , 5% of the minted USDN token amount is taken in SDEX to be burned. For example, minting 1,000 USDN tokens will burn 50 SDEX tokens ($0.66 as of release).
This mechanism strengthens SDEX valuation as the in the USDN token grows, reducing the circulating supply of SDEX and increasing upward pressure on its price.
Unlike many other projects, SmarDex has not reserved any tokens for founders or private investors. All participants, including the founders, have purchased their tokens fairly on the public market. This transparent distribution model ensures that there will be no selling pressure from future unlocks, preserving SDEX price stability over the long term.
For more information on token distribution and management, please refer to the section.