> For the complete documentation index, see [llms.txt](https://docs.openxswap.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.openxswap.exchange/the-open-x-project/openswap-token/openx.md).

# 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="/files/RVdMFSXKuuRRosB8qOuA" 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="/files/wX8q8bvifoyG0rqiVzJD" alt=""><figcaption></figcaption></figure>

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Further reading: [Emissions (Topic)](broken://pages/EOgTTFpWpMKftzYBcrkU).