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.

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 rewar

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