The ODX token is the Opdex staking market governance token. ODX tokens are distributed directly to the Vault and Mining Governance smart contracts where they are further distributed according to community action. The Vault contract distributes ODX tokens through proposals and certificates and the Mining Governance contract distributes ODX tokens through liquidity mining.
For more information on ODX tokens and their distribution view:
ODX tokens are used to stake within enabled liquidity pools. Staking participation helps vote for liquidity mining and participants will receive partial transaction fees.
See Staking for more details.
ODX tokens can be mined through liquidity mining in select pools on a monthly basis. Providers of mining enabled liquidity pools can use their OLPTOLPT - Opdex Liquidity Pool Token to mine for new ODX tokens.
See Mining for more details.
Updated 4 months ago