CortexDAO
  • Welcome to CortexDAO!
  • Roadmap
  • New DAO Member Tasks
  • Resources
  • Fundamentals
    • CortexDAO 101
    • Tokenomics 101
    • Convex Index 101
  • Governance
    • Constitution
    • Cortex Improvement Proposal (CIP) Template
  • Tokenomics
    • Fee Distribution
    • Token Utility
    • $CXD
      • Importing CXD Into MetaMask
      • Locking CXD for vlCXD
    • Liquidity Provision
  • The Convex Index
    • Whitepaper
    • How it Works
    • Risk Assessment
    • Index Construction
    • Audits
  • Links
    • Homepage
    • Discord
    • Twitter
    • Medium
    • Telegram
    • Github
    • CoinGecko
    • Audits
      • Smart Contract Audit
      • Financial Audit
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On this page
  • Purpose
  • Maximum Supply
  • Rewards
  • Utility
  1. Tokenomics

$CXD

Visit the CortexDAO Dune Dashboard to view all tokenomics metrics.

Purpose

Cortex DAO Token (CXD) is the platform’s native utility token, used as the primary means to govern, secure, incentivize participants, and provide a default mechanism to store and exchange value. The Cortex Token is governed by the CortexDAO.

Maximum Supply

Total Supply is 271,828,182 CXD.

Rewards

Liquidity Provider rewards for the CXD/USDC Curve pool will be paid in CXD. Rewards are issued with a liquidity gauge, keeping the doors open to earn additional CRV and CVX rewards in the future.

Other rewards include rewards for public Liquidity Mining, rewards for community initiatives and rewards for Core Contributors.

Utility

The CXD token can be locked for 1 week to 4 years to enable the following features:

  • DAO voting

  • Index boost

  • Fee distribution

PreviousToken UtilityNextImporting CXD Into MetaMask

Last updated 2 years ago