> For the complete documentation index, see [llms.txt](https://aetheriumx.gitbook.io/aetheriumx/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://aetheriumx.gitbook.io/aetheriumx/04-tokenomics.md).

# 04 Tokenomics

{% stepper %}
{% step %}

### AXT Token — Utility & Core Value

AXT is the primary **utility and reward token** that fuels all day-to-day activities within the Aetherium X ecosystem.\
It functions as the transactional backbone, enabling participation across GameFi, NFTs, staking, and DAO interaction.

#### Key Utilities

* Entry fees for GameFi mini-games
* Minting and upgrading NFTs
* Platform transaction and service fees
* Staking to generate yield and mint VEXA
* DAO participation and ecosystem interaction

#### Value Mechanisms

* **Game-Driven Buyback**\
  5% of every GameFi pool, plus 10% of the losing side’s AXT in each round, is allocated to buy back **VEXA** on the open market and permanently burn it.
* **RWA & DeFi Buyback**\
  A defined portion of real-world and DeFi yield (including T-bills, ETFs, and on-chain liquidity strategies) is periodically used to repurchase VEXA. The acquired VEXA is either burned or locked under long-term, governance-controlled schedules.
* **Emission Control**\
  AXT emissions gradually decrease over time to align with ecosystem growth, while value generated from usage and external yield is structurally redirected into VEXA buyback-and-burn mechanisms.

<figure><picture><source srcset="/files/yjaXdifWVs9UORCHd7I0" media="(prefers-color-scheme: dark)"><img src="/files/M8lDR3bCwBjknKX1N70F" alt=""></picture><figcaption></figcaption></figure>

**Total Supply:** 10,000,000,000 AXT\
**Distribution Example:**

* Staking Rewards: 50%
* Game/NFT Incentives: 10%
* Marketing & Expansion: 10%
* Core Team: 10%
* Investors/Partners: 10%
* DAO Reserve: 5%
* Initial Liquidity: 5%

***

### VEXA Token — Governance, Premium Access & Value Accrual

VEXA is the **governance and premium-tier token** of the Aetherium X ecosystem.\
It is primarily minted through AXT re-staking, with any additional allocations pre-minted and subject to transparent, time-locked vesting schedules.

#### Key Utilities

* Governance voting and DAO proposal participation
* Access to premium yield tiers and advanced GameFi features
* Enhanced staking rewards and ecosystem privileges
* Future RWA integrations and cross-chain governance participation

#### Emission Phases

| Phase   | Supply Range | Mint Ratio               | Description           |
| ------- | ------------ | ------------------------ | --------------------- |
| Phase 1 | 0–30M        | 1 USDT yield = 1 VEXA    | Early high incentives |
| Phase 2 | 30–60M       | 1 USDT yield = 0.5 VEXA  | Moderate issuance     |
| Phase 3 | 60–90M       | 1 USDT yield = 0.25 VEXA | Controlled growth     |
| Phase 4 | 90–100M      | 1 USDT yield = 0.1 VEXA  | Final scarcity phase  |

**Total Supply:** 100,000,000 VEXA\
**Mint Source:** 100% from AXT re-staking (no external issuance)

<figure><picture><source srcset="/files/vgFtRJzndNG4J5kRyPS8" media="(prefers-color-scheme: dark)"><img src="/files/iV6cTLmKgiGoYM6OhjBa" alt=""></picture><figcaption></figcaption></figure>

***

#### 🔥 Value Capture & Deflation

VEXA is not only a governance and premium-access token; it is the **primary value-accrual asset** of the Aetherium X ecosystem.

As GameFi volume grows, **5% of each game pool and 10% of the losing side’s AXT** are systematically used to buy back and burn VEXA on the open market.

In addition, a portion of AXT Predict house edge, selected protocol fees, and RWA/DeFi yields is explicitly allocated to VEXA buyback-and-burn programs.\
Over time, as ecosystem usage and revenue scale, these mechanisms are designed to push VEXA toward a **structurally deflationary supply curve**, while AXT remains sufficiently liquid as the core utility and reward token.

***

### Burn & Buyback Mechanisms

1. **GameFi-Driven VEXA Buyback**\
   For every game round, 5% of the total AXT pool and 10% of the losing side’s AXT are allocated to buy back VEXA from the secondary market and permanently burn it.
2. **Protocol & RWA Yield Buyback**\
   A defined portion of protocol fees and off-chain income (including RWA strategies and DeFi yields) is periodically converted into VEXA via open-market purchases. The acquired VEXA is then either burned or locked into long-term, governance-controlled programs.
3. **DAO-Adjustable Parameters**\
   The DAO retains authority to adjust allocation ratios—such as the percentage of house edge or yield directed toward VEXA buybacks—based on ecosystem revenue, maturity, and growth stage.

Together, these mechanisms are designed to ensure that **VEXA supply trends downward over time as ecosystem usage and revenue increase**, while AXT continues to serve as the primary utility and reward token for daily activity.

***

### Token Allocation & Unlocks (Summary)

* **Core Team:** 0% at TGE, 12-month cliff, followed by 36-month linear vesting
* **Investors & Partners:** Up to 10% at TGE, 3-month cliff, followed by 18-month linear vesting
* **Initial Liquidity:** Locked for 12 months
* **DAO Reserve:** Gradual unlocks based on governance proposals
* **Community Incentives:** Dynamic emissions tied to active participation metrics

This structure ensures a transparent, long-term release schedule aligned with ecosystem health—avoiding the inflationary pitfalls of GameFi 1.0.
{% endstep %}
{% endstepper %}

{% hint style="warning" %}
**Disclaimer:**\
This material is provided for informational purposes only and does not constitute financial advice.\
Tokens do not represent equity, ownership, or claims on the issuer. Availability and participation may be subject to jurisdictional restrictions, and certain services may be provided through licensed partners.
{% endhint %}