How is xSHADOW obtained?

Users can acquire xSHADOW through voting incentives and token emissions directed to liquidity pair gauges. A portion of xSHADOW tokens may also be directed to advance sustainable vote-incentive matching programs to further incentivize market participants.

Each gauge will have the opportunity to earn a proportionate split of SHADOW and xSHADOW tokens based on the liquidity pair's role and impact on DEX profitability and sustainability. Core pairs, which contribute significantly to the ecosystem's growth and DEX sustainability, will receive the majority or entirety of emissions in liquid SHADOW. Conversely, extremely low volume and low fee-generating pairs will receive a higher percentage share of emissions in xSHADOW. This approach promotes sustainability and discourages employment of "mercenary" capital that does not align with the goals of the ecosystem.

The initial Ratios per gauge:

• Default Ratio: 80% xSHADOW / 20% SHADOW

Ratios are subject to adjustment based on the criteria noted above.

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SHADOW > xSHADOW conversion

SHADOW can be freely converted into xSHADOW at any time. The process is instant, and the ratio is 1:1.