$xCSwap Token

$xCSwap represents a non-transferable, escrowed token that corresponds to staked $CSwap. You can always redeem $CSwap by staking $xCSwap at a 1:1 ratio. This mechanism plays a crucial role in ensuring a sustainable tokenomics model for CORESwap.

Farming rewards will be distributed in a 4:1 ratio between $xCSwap and $CSwap. In simple terms, a significant portion of emissions will undergo a vesting period before becoming liquid. This process ensures that liquidity providers (LPs) maintain long-term balance, minimizing the risk of short-term selling pressure.

Important! While $xCSwap may have a vesting period, it’s still profitable. $xCSwap holders are entitled to receive a share of dividends generated by the DEX’s revenue.

Redemption Terms:

When redeeming your $xCSwap, please consider the following conditions:

• Minimum Duration: 10 days (50% $CSwap output at a 1:2 ratio)

• Maximum Duration: 50 days (100% $CSwap output at a 1:1 ratio)

Utility:

Dividends account for 25% of the total protocol earnings and will only be distributed to those who have allocated $xCSwap in the dividend feature.

Additionally, $xCSwap holders will benefit in another way: by staking $xCSwap, they can increase their allocation on the CORESwap Launchpad. The locking period for this feature will be announced when the first project is selected to host on our platform.