LogX Reveals LOGX Tokenomics with 12% Allocation for Airdrops

Quick Summary:

LOGX tokenomics – Decentralized perpetual futures exchange LogX has officially unveiled the tokenomics for its native token, LOGX, via an announcement on its X (formerly Twitter) account.

With 40% of the supply allocated to community rewards, LogX aims to incentivize users to contribute to the platform’s liquidity pools and trading volume.

Airdrops are a popular method for decentralized projects to distribute tokens to the community and drive early adoption, and LogX’s significant allocation for this purpose demonstrates its commitment to community-driven growth.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: Latest News LOGX

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 06:49:30 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 638 words

Reading Time: 4 minutes read

Sentences: 26 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22444276

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Official Website: bitcoinworld.co.in

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