Tokens & Staking
Last updated
Last updated
The $FOX token is integral to the Foxify platform, serving as the primary utility token. It is designed to facilitate various functions within the ecosystem, including staking to earn rewards, and participation in governance. The token operates on a deflationary model, where organic burns are executed to reduce the total supply, potentially making it scarce. $FOX Token Contract Address: 0x261dfa2528dfa19011f10b168c856e02baaf0eb6
Users have the option to choose from three staking pools, to earn rewards in FOX, as follows:
FOXIFY Staking:
Earn rewards through trading fees.
Rewards are auto-compounded.
No fees or lock restrictions.
FoxifyMaxi (Staking Receipt) Contract Address: 0x3725B740b33E75898e4e2E616E9BB519884edd37
ebFOX Staking Pool (Earn and Burn FOX):
Multiple revenue streams: 50% of the deposit and withdrawal fees, a share of Perps Liquidity Provider (PLP) Gains, and a share of the platform's trading fees.
50% of fees from deposits and withdrawals are burned organically.
Deposit fee: 10%, Withdrawal fee: 15%.
Contract Address: 0xbd87a909f9a40fdad6d9be703e89a0383064d0ab KITSUNE Redemption Token (Arbitrum): 0xE5a4f22Fcb8893BA0831BABF9A15558b5E83446F