Paradex will launch its Genesis Airdrop on March 5th, with updated tokenomics.

RWA0,7%

PANews March 5 News, Paradex Foundation announced on X platform that its native ecosystem token DIME will launch a genesis airdrop on March 5. Eligible users can claim the airdrop via the Paradex user interface within two weeks starting from 15:00 Beijing time on March 5. The initial trading will be exclusively available on the Paradex platform at 22:00 Beijing time on March 5.

Regarding token economics, there have been two adjustments since the initial plan was released in December 2024: the community airdrop allocation increased from 20% to 25%, with the additional portion coming from an extended activity in Q2 2025; the foundation acquired XP from institutional holders, obtaining 4.4% of the total supply. These adjustments reduce the circulating supply at TGE by 4.4% to 24.5%, while increasing future quarterly allocations through ongoing community rewards.

For team token distribution, 80% will be unlocked based on performance rather than solely on time, with the remaining 20% unlocked over time, all following a four-year vesting schedule. The full performance framework will be released after TGE.

Paradex’s recent roadmap includes expanding zero-fee perpetual contracts to RWA assets such as commodities, forex, stocks, and indices; launching fixed-term options to enhance the derivatives product line; and integrating Paradigm’s institutional RFQ network to introduce large-scale liquidity.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Circle's moment of reversal: stock price doubles, on-chain transactions surpass USDT, precise positioning for Agent payments

Circle's stock price breaks through $110, reflecting the market's new valuation of its stablecoin business model. Recent financial reports show significant revenue growth, and in a high-interest-rate environment, Circle's profit prospects are optimistic. At the same time, USDC has surpassed USDT in liquidity, becoming an important tool for settlement and cross-border payments. The growth of AI Agent payments also indicates USDC's potential in the micro-payment sector, as Circle advances toward the infrastructure of the digital economy era.

PANews22m ago

Bitcoin Depot launches the enterprise-level financial services platform ReadyBucks

Gate News Announcement: On March 10, Nasdaq-listed Bitcoin ATM operator Bitcoin Depot announced the launch of its enterprise-level financial services platform ReadyBucks, providing working capital support for small businesses, gig economy workers, and independent contractors. According to Globenewswire, ReadyBucks is currently available in multiple states across the United States, with plans to gradually expand to more regions.

GateNews49m ago

Starknet will deploy the STRK20 framework, supporting privacy stablecoins and other assets.

Starknet is developing a privacy feature called STRK20, aimed at allowing teams to issue compliant protected stablecoins and other assets. It is expected to be deployed later this year, supporting the ERC-20 standard to ensure privacy of transactions and balances.

GateNews1h ago

World Liberty Financial Launches Governance Vote to Enable Staking for WLFI Holders

World Liberty Financial has put up its proposal to enable staking for WLFI holders to a vote that runs for the next seven days. The proposal has received 99.2% backing, with 903 million tokens supporting it, while 5.8 million voted against it. World Liberty Financial recently introduced a pr

CryptoNewsFlash1h ago

Comtus Holdings Pushes For Standardization Of Won Stablecoin Transfers

Comtus Holdings proposed a standardized framework for won-backed stablecoins in South Korea to enhance adoption and regulatory compliance. This initiative aligns with the ongoing discussions of the Digital Asset Basic Act, aiming to bolster domestic currency demand while ensuring user protection and financial stability.

Blockzeit2h ago
Comment
0/400
No comments