SEEDx DAO
An overview of the SEEDx token and governance.
Last updated
An overview of the SEEDx token and governance.
Last updated
By using SEEDx, the SEEDx community may exercise decentralized control over the SEEDx Dex Protocol ("the 0x protocol"). Traders, liquidity providers, and SEEDx partners may all work together to improve the Protocol thanks to SEEDx's use of shared control.
To ensure SEEDx's continued development and decentralization and to improve the user experience, SEEDx offers a complex ecosystem centered on governance, incentives, and staking.
The Protocol's staking pools aim to increase both its liquidity and its security. Growth and acceptance of SEEDx may be aided by incentive schemes for trading, liquidity provision, and prior use.
To become a delegator one should stake the minimum 100,000 SEEDx.
To access voting rights one should stake minimum 5000 SEEDx. Vote value is counted for every multiple of 5000 as one vote.
SEEDx Annual Percentage Return is given based on the investment and the current price of the SEEDx on CoinMarketCap. The Formula for calculating the APR based on the investment is given below :