Antarctic Exchange, a next-generation decentralized perpetuals exchange, has officially revealed the full vision for its native token through its recently published token lightpaper. The token, ATTX, is designed to return the majority of its upside to traders.
A significant portion of the token supply, 52.4%, will be allocated to the community over time via airdrops, ecosystem incentives, and treasury programs. According to Kai, CEO of Antarctic Exchange, ATTX is engineered to create lasting value and align the exchange’s growth with its users. Through mechanisms including buybacks, redistribution, and emissions, 60% of trading fees and 100% of all other fees will be used to return value to token holders.
Value Accrual Tokenomics
The tokenomics of ATTX emphasize long-term value and decentralization through the following features:
- Deflationary Buybacks: Programmatic on-chain buybacks and larger surprise buybacks will steadily reduce the circulating supply. The buyback intensity is tied to the exchange’s trading volume.
- VIP Access: Holders can achieve VIP levels that provide access to reduced fees, exclusive earning opportunities, and private liquidity deals typically available only to institutions.
- Future Governance: Token holders will gain voting rights on critical parameters such as trading fees, fee splits, and platform development direction.
Kai, CEO of Antarctic Exchange, stated that the executive team brings experience from leading centralized exchanges including Binance, OKX, Bitget, and MEXC. The token is intentionally structured to transfer value and influence to the community, allowing traders to own the platforms they use.
A Token That Rewards Participation
The Antarctic Exchange model introduces a new approach:
- Users add value by trading and providing liquidity.
- Points are earned and will convert into ATTX airdrops at Token Generation Event (TGE). After TGE, points will periodically convert into token rewards.
- Buybacks and token burns reduce circulating supply, supporting token value.
- Holding ATTX unlocks lower fees, yield boosts, and exclusive product access.
- Token holders can vote on exchange evolution.
This structure creates a reinforcing cycle: trading activity drives buybacks, which increase token demand and encourage further participation.
Designed for Long-Term Sustainability
ATTX was designed by Republic Crypto, a U.S.-based firm known for developing tokens such as AVAX, Supra, and Sonic. The token is built for sustained growth rather than short-term rewards. Key aspects include:
- Long-term token locks for the team.
- Continuous airdrops based on exchange performance, not a one-time distribution.
- Decentralized governance that ties token performance to platform success.
- Ongoing buybacks to strengthen the token’s price floor.
How to Participate
Although the TGE date has not been announced, users can begin accumulating points immediately:
- Connect a wallet at Antarctic.exchange.
- Earn one AX Point for every $100 traded.
- Refer users to earn 10% of their points permanently.
- Provide liquidity to earn fees and increase contribution scores.
- Accumulate ATTX post-TGE to access VIP tiers and greater rewards.
A Community-Owned Future
Antarctic Exchange is establishing a new model for exchange ownership by combining centralized exchange-grade products, decentralized transparency, and a community-oriented token economy. Traders become stakeholders in the platform’s future.
About Antarctic Exchange
Antarctic Exchange is a decentralized exchange designed to offer the full range of features available on centralized platforms while addressing their limitations. Its tokenomics are aligned with user success, ensuring that traders shape the future of the exchange.
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