Optimism Native Decentralized Exchange
OpenX Token Address : 0xc3864f98f2a61A7cAeb95b039D031b4E2f55e0e9
There was no presale or ICO for OpenX. It is a currency intended to facilitate actions beneficial to the exchange (including liquidity provision, community involvement, and governance participation). All tokens in circulation were fairly distributed to liquidity providers and governance participants.
OpenXSwap’s native token, OpenX, serves as the base pairing for our exchange. Liquidity Providers receive it in exchange for participating in Active Yield Generating Pools. These emissions will be determined by the Core development team until the project has passed into its Governance phase.
At that time, users and projects can propose to the Governance community new pools to receive OpenX emissions. Once accepted, an epoch-by-epoch emissions allocation is determined by the number of votes it gets from the users (or project) relative to other Active Yield Generating Pools.
OpenX is not to be confused with aOpenX, the native token of the Open X Project on Arbitrum. It is recommended that the reader acquaint themselves with each project's unique characteristics.