Latest ApolloX DAO Core Proposal

Dear users:

To thank everyone for their continuous support and contribution to the ApolloX platform, ApolloX plans to use a portion of its daily USDT fee income to repurchase APX from the secondary market every day, and inject the repurchased APX into the DAO system as a reward to distribute to participating users.

Repurchase method: The platform will allocate a reasonable portion of its daily trading fee income for the repurchase, trigger the repurchase strategy and complete the APX repurchase within the same day. Repurchased APX will be automatically transferred to the veNFT contract address and allocated to DAO staking users in accordance with the DAO reward rules. *Platform trading fee income refers to the net income after deducting the liquidity cost, commissions and other miscellaneous costs.

Contract Address: 0x7f878994507F5B0588cF0EBEE07128d9A742ad9d

ApolloX proposes two options for the repurchase ratio of daily trading fee income.

Option 1: Repurchase ratio: 15% Option 2: Repurchase ratio: 30%