Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
LogX Tokenomics: $LOGX Token Introduction

LogX Tokenomics: $LOGX Token Introduction

LogX Network2024/09/24 06:44
By:LogX Network

Announcing $LOGX: The Native Token of LogX Network

The LogX Foundation is proud to unveil $LOGX, the native governance and gas fee token of LogX Network, marking a significant advancement in growing a fully community-driven protocol. The $LOGX governance token is set to play a pivotal role in empowering LogX users and contributors to impact decision-making processes and guide the future direction of the LogX ecosystem.

Why Now?

LogX V1 launched in August 2023. Since then, LogX has grown to become the most omnipresent perp DEX live across 17 EVM networks. LogX V1 has crossed a cumulative trading volume of $20+ billion. We thank the 1.2M+ users who have used the LogX Platform for trading derivatives.

Building on a solid foundation established over the past one year, our ambitions started evolving LogX into a suite of consumer use cases beyond the perp DEX. LogX Network, set out to unlock the next phase of growth, will bring exotic perps, leveraged prediction markets, and much more to the DeFi market.

$LOGX is the native governance and gas fee token of the LogX Network. With the launch of the upcoming LogX Network main-net, $LOGX will drive the future of the protocol.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

VIPBitget VIP Weekly Research Insights

Over the past few weeks, BTC has repeatedly tested the $100,000 resistance level, briefly breaking through multiple times before failing to hold, resulting in sharp declines Altcoins have entered a technical bear market, though SOL has shown resilience during both downturns and rebounds. However, the trading frenzy surrounding Solana-based memecoins has cooled, while discussions of institutional unlocking have gained traction on social media. On the night of March 2, Trump announced plans to establish a strategic crypto reserve, explicitly mentioning BTC, ETH, XRP, SOL, and ADA. This statement briefly reignited market sentiment amid oversold conditions, triggering a sharp crypto rebound. However, macroeconomic conditions remain largely unchanged, and liquidity recovery is a gradual process. The rally sparked by Trump's comments quickly faded, suggesting the market may still face further downsides. The following recommendations highlight projects worth monitoring in the current cycle, though they may not yet have reached an optimal entry point.

Bitget VIP2025/03/07 05:55

Texas Senate Passes Bitcoin Reserve Bill With 80% Votes in Favor

Texas' Bitcoin Reserve bill cleared the Senate with strong bipartisan support. Without mandatory Bitcoin purchases, it now moves to the House for a final vote.

BeInCrypto2025/03/06 15:36