TL;DR
esAPEX12 Strategic Solution Deployed: Our innovative solution to $APEX token unlocks for core team members and early investors is now live, effectively addressing common issues like price volatility, market demand fluctuations, and inflation associated with pre-sale token releases.
Introducing the Buy-Back and Share Program: By buying back and distributing $APEX tokens as rewards, our upcoming BBS program creates consistent buying pressure in the secondary market while allowing long-term participants to accumulate more tokens and increase their overall $APEX holdings for a limited time.
$APEX as Trading Fee Token: Later in Q4 2024, $APEX is planned to be used for trading fees on Omni, offering fee discounts to the users. Tokens collected will be burned, decreasing the total supply and boosting the token value.
Deflationary Tokenomics Model: Through controlled token releases, strategic buybacks, and a deflationary model, we are developing a robust tokenomics framework that benefits all stakeholders and fosters a cycle of value creation for $APEX holders.
Intro
ApeXers, we're excited to unveil a series of strategic tokenomics updates aimed at strengthening our market positioning and boosting the value of our native token — $APEX.
This week, we've initiated the deployment of esAPEX12 — a sustainable token unlock mechanism created to tackle key challenges in the unlock period associated with token price volatility, market fluctuations, and inflationary pressures.
Additionally, we’re thrilled to announce the upcoming launch of our Buy-Back and Share Program. This initiative is designed to deliver long-term value to $APEX token holders by providing enhanced weekly rewards and incentivizing ongoing engagement with the program.
Read on to discover what we have in store for you!
About esAPEX12
Earlier this year, we introduced the esAPEX12 Strategic Solution — a sustainable approach to token unlocking for our core team and early investors. This initiative features an innovative release model designed to tackle issues related to token price volatility, market fluctuations, and inflation throughout the unlock phase. In short, the esAPEX12 strategy effectively eliminates the disruptions caused by large, sudden token unlocks, ensuring a more stable and predictable market environment.
At the current stage, we have established the Bonding Curve Token Locking and Sales Pool ($esAPEX12 pool) on the Arbitrum Network. Here, the unlocked $APEX is invested according to the initial unlock schedule, generating $esAPEX12 — a token available for purchase by third-party investors with a 12-month lockup period.
As a quick reminder, when released tokens are deposited into the esAPEX12 pool, both investors and the core team receive LP tokens proportional to their initial investment. These LP tokens grant them a right to receive sales income in USDT as third-party purchasers buy $esAPEX12 from the same pool. To attract new investors, a 40% discount is offered to buyers, making it an appealing entry point. Meanwhile, the controlled release mechanism ensures a steady and predictable flow of $esAPEX12 into the market by distributing it at a 1:1 ratio to $APEX daily.
These carefully designed mechanisms work together to mitigate potential negative impacts of the token unlock on the price of $APEX, balancing the interests of secondary markets and project investors, as well as supporting the long-term vitality of the project.
For more information about the strategy and how it works, please visit our blog about esAPEX12 here.
Coming Soon — Buy-Back and Share Program
Launching soon, the ApeX Buy-Back and Share (BBS) program is set to become a new cornerstone of our ecosystem, empowering token holders to accumulate more assets and directly benefit from the growth and success of our platform.
Aimed at delivering even greater value to our community, the Buy Back and Share (BBS) Program on ApeX will use the fee revenues accumulated over time to buy back $APEX tokens from the open market, which will then be distributed as rewards to the participants who commit their tokens to the BBS pool.
This approach achieves 2 key objectives: it creates ongoing buying pressure in the secondary market and helps long-term users accumulate more tokens, increasing their overall holdings.
The BBS model is set to become a key part of our strategy to boost the value of the $APEX token and ensure sustained growth for our users.
Down the road, as we reach the target for our token buy-back and burn mechanism, rewards will shift from $APEX tokens to stablecoins like USDC/USDT. With this in mind, BBS presents a prime opportunity to accumulate $APEX tokens at an advantageous time, positioning yourself for greater rewards down the line and maximizing your future returns.
$APEX as The Trading Fee Token
Additionally, we are excited to announce that coming later in Q4 2024, $APEX will be utilized as the trading fee token on ApeX Omni. Users who choose to pay their trading fees with $APEX will benefit from fee discounts.
Furthermore, $APEX tokens collected from trading fees will be burnt. This deflationary mechanism reduces the circulating supply of $APEX, contributing to its value appreciation over time by systematically decreasing the total token supply.
Closing Thoughts
The strategies and updates shared in this blog are designed to enhance the long-term growth and stability of the ApeX ecosystem.
By implementing controlled token release and strategic buybacks, and creating a deflationary environment, we're building a robust tokenomics model that benefits all stakeholders. These initiatives align the interests of early investors, the core team, and our broader community of token holders, setting the stage for sustainable growth and value creation.
We have more exciting plans that we'll be sharing with you very soon, so stay tuned to all our social channels and keep an eye on the ApeX Blog for all the details. As always, we're grateful for the unwavering support from our valued community — a hearty thank you to all our loyal ApeXers.