Energy Benefits
The new Energy system rewards users based not only on their xMEX holdings, but also on the lock duration. xMEX unlocks special benefits, rewards and use cases across the entire exchange and even other products.
⚡️ Boosted Rewards from Farms
Each Farm generates base rewards and boosted rewards. While base rewards are paid out equally to everyone, based on their share of the farm (APR is shown for each farm), boosted rewards are paid only to Energy holders. The boosted rewards increase based on how much Energy you have, giving you the potential to significantly enhance your returns.
From all emissions that go towards a farm, 40% go to base rewards while 60% go towards the boosted rewards, to reward users holding Energy. Learn more in Yield Farming
⚡️ Boosted APR from Dual Farms
Similarly to how Farms work, boosted rewards from Dual Farms are paid only to Energy holder. Learn more in Dual Farms
⚡️ xMEX emissions
5% of the xMEX emissions will go to Energy holders. There is no need to stake your xMEX. Just holding it in the wallet is enough to earn rewards.
⚡️ Governance Power
You are able to vote on xExchange governance proposals, based on your Energy.
⚡️ Swap Fees Rewards
0.05% of all trade fees is shared by all users with Energy, while another 0.05% go towards buying back and burning MEX.
⚡️ Energy Removal Fees Rewards
When reducing or removing the Energy of your xMEX, you pay a penalty. Following the successful Governance proposal #01, 100% of that penalty gets distributed to all users with Energy.
Last but not least, it’s important to stress that it is possible to earn rewards from all reward streams at the same time. You can have your xMEX added with EGLD in a liquidity farm and benefit from swap rewards, farm rewards, boosted farm rewards, governance, xLaunchpad tiers, the swap fees rewards and energy removal rewards simultaneously.
To learn more about the utility, check out the xExchange Whitepaper.