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  • HXRO NETWORK
    • Welcome to Hxro Network
    • Market Protocols
      • Derivatives Trading
      • Betting
        • SAMM Protocol Litepaper - v1.1
    • Network Fees
  • TOKENOMICS AND STAKING
    • HXRO Token
    • Network Staking
    • Liquidity Pools
    • How-To
      • Transfer HXRO from ERC20 to SPL via Wormhole
      • Claim an esHXRO Airdrop
      • How to Stake HXRO
      • How to Vest esHXRO
      • How to Initialize and Claim Rewards
  • NETWORK REWARDS AND INCENTIVES
    • Rewards
    • Volume Incentives
    • Staking Incentives
      • Stake Delegation
  • DEVELOPERS
    • Derivatives Tooling
      • Python & Typescript SDKs
      • Dexterity Typescript SDK QuickStart
      • Dexterity Typscript Scripts
      • DEX Reference Implementations
    • Parimutuel Tooling
      • Typescript SDK
      • Python SDK
      • Parimutuel Typescript SDK QuickStart
      • Parimutuel Typescript + React Project
        • Config.tsx
        • PariBox.tsx
        • PlacePositionBox.tsx
        • PlacePosition.tsx
    • Developer Grants
      • Developer Grant FAQs
    • Oracles
  • Traders
    • FAQs
  • MARKET MAKERS
    • Market Maker Reference Implementation
  • Security
    • Staking Contract Audit
  • External Links
    • Website
    • Governance, Staking, and Rewards Portal
    • Github
    • Forum
    • Twitter
    • Discord
    • Brand Kit
      • Brand and Press
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On this page
  • Overview
  • Staking
  • Network Value Accrual
  • Discounted Network Fee Payments
  • Token Information
  • Available Exchanges
  1. TOKENOMICS AND STAKING

HXRO Token

Overview

HXRO is the utility and governance token powering the Hxro Network ecosystem.

To create optimal alignment between Hxro and its participants, a symbiotic relationship must exist between the value Hxro Network creates and the HXRO token. The HXRO token has the following utility:

  • Staking

  • Network Value Accrual

  • On-Chain Governance

  • Discounted Network Fee Payments

  • Network Incentives and Rewards

Staking

To create a strong and scalable foundation for the token ecosystem, all HXRO holders who are willing to stake their tokens to the network accrue a share of network transaction value in the form of staking rewards. Read here for a full overview of Hxro Network Staking.

Network Value Accrual

100% of network value accrues back to staked tokens and other participants within the Hxro ecosystem who are providing critical functions.

Staked tokens receive a pro-rata share of 50% of all Hxro Network transaction fees. 25% goes to the network treasury. The remaining 25% of network fees are allocated to HXRO buybacks.

Discounted Network Fee Payments

As a liquidity and infrastructure layer supporting on-chain derivatives trading and betting applications, Hxro collects a network fee for all transactions on Hxro-powered interfaces. Through the network’s Staking Incentives program, HXRO stakers participating in ecosystem dapps can benefit from discounted transaction fees.

Token Information

The HXRO Token originated on the Ethereum blockchain and is currently available as both ERC-20 and on Solana as SPL-wrapped HXRO (via Wormhole Portal).

Ethereum

  • Ticker: HXRO

  • Contract Address (ERC-20) https://etherscan.io/token/0x4bd70556ae3f8a6ec6c4080a0c327b24325438f3

Solana

  • Ticker: HXRO

  • Contract Address (SPL) https://solscan.io/token/HxhWkVpk5NS4Ltg5nij2G671CKXFRKPK8vy271Ub4uEK

Available Exchanges

HXRO is available on the following Solana DEX markets:

HXRO is available on the following Ethereum DEX Markets:

Last updated 1 year ago

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