# OpenX

**OpenX Token Address :** 0xc3864f98f2a61A7cAeb95b039D031b4E2f55e0e9

**There was no presale or ICO for OpenX.** \
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All tokens in circulation were fairly distributed to liquidity providers and governance participants.

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OpenX has a hard cap of 16,624,999.99. 

Emissions for LPs are scheduled to run until 2027. 

**No more OpenX than this can ever be minted.** 

Expansionary emissions multipliers will last for three months after emissions begin. 

The schedule is as follows:

<figure><img src="https://2436823198-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSzg2BvjZpPylOlYrwfhd%2Fuploads%2FOPlh67oiBx0EwhMZuvBy%2Fimage.png?alt=media&#x26;token=7aeeced2-e260-4bfc-a9fc-8d4201eb83d6" alt=""><figcaption><p>Some dare call it fair and sustainable.</p></figcaption></figure>

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Breakdown of OpenX (Optimism) distribution:

**40%** of tokens minted will be used as rewards for Active Yield Generating Pools on OpenXSwap.\
**36%** of tokens will be used in initial LP with OP. \
**12%** of tokens will be minted for the treasury wallet for operations, maintenance and marketing.\
**6%** of tokens will be set aside for reimbursement of Harmony's OpenX.\
**6%** of tokens will be minted to fund development, vested over two years.&#x20;

<figure><img src="https://2436823198-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSzg2BvjZpPylOlYrwfhd%2Fuploads%2FwQcpCpp9Gc7qCvOK2imA%2FPiechart-TOKENOMICS-01-01.jpg?alt=media&#x26;token=39c23e15-dd27-4282-abab-8e0c87f7ba39" alt=""><figcaption></figcaption></figure>

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Further reading: [Emissions (Topic)](https://docs.openxswap.exchange/the-open-x-project/openswap-token/broken-reference).