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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  • SHADOW > xSHADOW conversion
  1. SHADOW Tokenomics
  2. xSHADOW

How is xSHADOW obtained?

PreviousxSHADOWNextHow is xSHADOW used?

Last updated 5 months ago

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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.


SHADOW > xSHADOW conversion

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

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