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Tokenomics
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A Berachain DEX/AMM


BERADEX 🐻

BeraDEX is decentralized exchange focused on the Berachain 🐻⛓️ ecosystem
and driven by a community of Beras.

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Community-Led
Revenue Share
NFT Boosts
Dual Rewards


FOR THE BERAS, BY THE BERAS

BeraDEX is a community-driven decentralized exchange that is focused on the
Berachain ecosystem. It is designed and governed by a community of Beras, making
it truly a project for the people and by the people.

BeraDEX provides a decentralized platform for trading cryptocurrencies in a
secure and efficient manner, empowering the community to take control of their
own financial future.


XBRDX

The xBRDX token is a derivative of your staked BRDX and represents your stake in
the pool. The xBRDX supply remains constant but its exchange rate with $BRDX
increases over time. When you unstake, you will receive more $BRDX in exchange
for your xBRDX.

To participate in governance and earn extra rewards as a dedicated $BRDX holder,
you can stake your $BRDX tokens. Staking $BRDX earns you xBRDX, which
automatically accumulates rewards.


NFT + YIELD

BeraDEX offers a unique benefit to Ursa NFT holders. By locking Ursa NFTs and
LP tokens on BeraDEX, users can power up their APY multiplier on the yield
farms.

This feature allows NFT holders to earn even more from their staked LP tokens,
as well as providing an added incentive for users to acquire and hold Ursa NFTs
on Berachain.

Holding Ursa NFTs comes with many benefits, and more will be rolled out as the
protocol grows.


2 REWARDS, 1 POOL

The incentive system of liquidity pools is connected to the fees generated from
the swaps executed within the pools. Beradex also provides the opportunity to
incentivize pools through both internal and external rewards.

Internal incentives are provided through the $BRDX protocol token, while
external incentives can be provided by external entities to boost liquidity.

QUICK STATS

total supply: 1,500 NYE

circulating supply: 98%

marketing wallet: 2%

nye token is used for nye nft minting.

lp lock: unlock at 1/7/23

LP LOCK ADDRESS:

CONTract address:

mechanics
 * mint a nye nft. The more nft's, the better chances of winning.
 * NFT's can only be minted with the $NYE token.
 * 10 random winners will be chosen on nye. (TIMEZONE: UTC)
 * winners will receive $NYE tokens. The amount ultimately depends on the prize
   pool before the draw.
 * nft minting ends at 1/31/22 - 11:30PM UTC

project phases


PHASE 1

 * stealth launch
 * nye nft portal open


PHASE 2

 * nye nft draw
 * announcing of winners

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BeraDEX. All Rights Reserved.
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Partnerships and Inquiries: team@beradex.xyz