💰| Protocol Economics
The token economy is a central component of a DEX and a key factor in its long-term success or failure. $ONE is the native Reward and Governance Token of SectorOne which can be earned through farming, via the initial $ONE Pre-Sale or by purchase. The central use case for $ONE is to stake it for real yield from protocol fees and to participate in the DEX governance.
SectorOne Protocol Value Flow
Every DEX has three main stakeholders.
Liquidity Providers
Traders
DEX Token Holders
SectorOne finds a unique balance between all three stakeholders for long-term sustainability. Liquidity Providers (LPs) earn 80% of the fees directly from all trading activity on SectorOne as well as $ONE tokens through DLMM farms. Traders enjoy industry competitive, deep and efficient liquidity for trades. $ONE stakers earn 20% of all the fees earned across pools on SectorOne in $MEGA tokens.
Stake $ONE for Real Yield
$ONE can be staked for real yield (payed in $MEGA) from fees earned by the protocol through all trading activity on the DEX. Through a locking mechanism in the staking contract a multiplier is applied to the earned fees. The longer the locking period, the higher the multiplier to the staking rewards (max. 365 days = 3x multiplier). Distributing $MEGA to $ONE stakers creates a constant buy pressure on $MEGA, aligning the ambitions of SectorOne with the wider $MEGA ecosystem.
Last updated