Tokenomics
Last updated
Last updated
TurboDEX Protocol plans to decentralize governance and provide additional utility via the release of a governance token, TDX.
The main function of TDX will be to facilitate effective decentralized participation in TurboDEX while also creating xTDX, a liquid staking token, and voTDX, the protocolβs untransferable voting token. Both are essential in rewarding different levels of commitment to the protocol and rewarding stakeholders at various levels of governance and participation.