ADX token utility

The $ADX token currently offers various utilities within the AdEx ecosystem, including staking, governance, and security.

Staking

ADX staking is a key part of the AdEx ecosystem, giving token holders the power to participate in governance, earn rewards, and unlock access to AURA features. Through the AdEx Staking Portal, users can stake their $ADX into a unified pool that combines protocol revenue and rewards, ensuring both flexibility and transparency. Stakers choose their own lockup period - the longer the commitment, the greater the rewards and voting power they receive.

Governance

ADX governance gives stakers a direct say in the future of the AdEx ecosystem. By staking $ADX, holders gain voting power that can be used to influence key protocol decisions - from upgrades and integrations to changes in the staking mechanism itself. Governance is conducted through Snapshot, ensuring a transparent and decentralized process where the community leads development and growth. The more you stake and the longer you commit, the more weight your vote carries, aligning decision-making with long-term engagement.

Security/ Discovery deposit for recommendations

AURA considers multiple data sources to gather information, giving it access to thousands of Web3 opportunities. However, not all of these can be considered safe, particularly smaller or lesser-known protocols and networks. To protect users, AURA will work with a pre-approved list of trusted Web3 apps and networks that have been thoroughly vetted. If an app or network is new or hasn’t yet gained traction, it can stake ADX as a security guarantee to be considered for inclusion in the pre-approved list. This system allows users to explore emerging opportunities with confidence while ensuring a high level of security and trust in the ecosystem.

Boosting recommendations

As mentioned earlier, AURA reshapes the incentive structure by shifting the focus from the opportunity provider to the user, ensuring recommendations remain relevant. However, protocols can still boost their suggestions - provided they align with user interests - to increase visibility. Unlike traditional models, this isn't a pay-for-ads system. Instead, protocols will stake ADX tokens, both to boost their visibility and to guarantee the security of their offerings.

Access to premium features

AURA users can stake ADX to access premium features, such as more detailed outputs and higher request limits. A monthly fee will be deducted from the staked amount, with users who stake above a certain threshold receiving discounts. This system incentivizes higher stakes by offering enhanced features and rewards, providing more value to those who commit greater resources to the platform.

Official ADX token contract address

Etherscan: https://etherscan.io/token/0xade00c28244d5ce17d72e40330b1c318cd12b7c3