Shadow Exchange
  • INTRODUCTION TO SHADOW
    • 🦔What is SHADOW?
      • 👻Why Fantom?
    • 🫂Our Partners
    • ☯️x(3,3) Fundamentals
    • 🔮AMM DEX Functionalities
      • Swaps
      • Voting
      • Incentives
      • LP Staking
  • Concentrated Liquidity Core
    • 🤔Concentrated Liquidity
      • 🔢Fee Tiers
      • 🦭Concentrated Liquidity Pair Fee Distribution
      • 🏅Concentrated Liquidity Advantage
    • 🏆Concentrated Liquidity (CL) Gauges
    • 📜BUSL-1.1 License
    • 🏁Competitive Farming
  • SHADOW Tokenomics
    • 📊SHADOW Initial Distribution
    • 📈Emissions Schedule
      • 🪜Breakdown
    • 🪂Airdrop
    • ❌xSHADOW
      • How is xSHADOW obtained?
      • How is xSHADOW used?
      • 🌀PVP Rebase
      • 🔄Redeeming
      • 💰xSHADOW Revenue Distribution
  • Resources
    • 📄Deployed Contract Addresses
    • 📱dApp and Socials
    • 📸SHADOW Media Kit
    • 🌉Bridging To Sonic
  • Security and Legal Considerations
    • 🐛Fixed Solidly Vulnerabilities
    • 🛠️Why Proxy Contracts?
    • 🔐Contract Timelock
    • 😎Inherited Security
    • 🖋️Formal Audits
    • ⚖️Risks and Legal Disclosures
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  1. INTRODUCTION TO SHADOW
  2. AMM DEX Functionalities

Voting

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Last updated 5 months ago

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The main purpose of the xSHADOW token is to vote to direct emissions to LP token pairs. This is achieved through weekly voting for liquidity pairs. Emissions are distributed proportionally to the total percentage of votes in the epoch.

The expected emissions can be calculated using a simple division formula as such:

emissions(PAIR) = % of total votes ÷100%emissions(PAIR) \ = \ \% \ of \ total \ votes \ \div 100 \% emissions(PAIR) = % of total votes ÷100%

For example, in the first epoch 1,250 SHADOW will be distributed. If 10% of all votes are allocated to the USDC/FTM pair, that pair will receive 125 SHADOW tokens distributed linearly to liquidity providers of the relevant LP pair throughout the epoch.

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