LAUNCHED

PROJECT DESCRIPTION

The main purpose of issuing GDX is to be the native token of the Gridex PoS layer 0 blockchain. Before Gridex PoS is launched, GDX will be used for the Maker Rewards program. GDX has a maximum supply of 200M. At first, GDX will be an ERC-20 token on Arbitrum, with a maximum supply of 104,000,000. The remaining 96,000,000 GDX will be minted after the official launch of Gridex PoS. 70% of maximum supply allocated to the community: 1. Airdrop 7%: Airdropped to community users in batches. 2. Maker Rewards 27%: Rewarded to users who place maker orders on a certain GDX trading pair. 3. PoS Rewards 36%: Rewarded to blockchain node operators for powering and securing Gridex PoS. The other 30% is comprised of: 1. Core Contributors 12%: Minted after the launch of Gridex PoS, with 2-year linear vesting. 2. Development 8%: Used for the continuous development of Gridex, including Gridex PoS, minted linearly over 12 months. 3. Marketing 5%: Used for all the marketing costs of Gridex and its ecosystem, minted linearly over 12 months. 4. Early Investors 5%: Minted linearly over 24 months.