Dear APX users,
We sincerely thank you for your continual support. Taking a step further to reduce the rate of inflation for APX tokens and protect the interests of APX holders, we propose to adjust the amount of APX tokens distributed as platform rewards.
The current APX token rewards distribution include:
After calculations, the rate of inflation of APX token is approximately 5.76%. APX proposes: · For ALP Staking Rewards (BSC), adjust each block’s output from 1.9 APX to 0.95 APX. · For APX-BNB LP Staking Rewards, remove APX rewards.
These adjustments will reduce the rate of inflation of APX tokens to 3.84%, thus further harnessing the potential of the APX token.
The proposed adjustments will take into effect if the proposal passes quorum for Option 1. As voters, you may choose to select Yes or No to adjust the amount of APX tokens distributed as platform rewards.