Utility
Last updated
Last updated
Beside being a #meme, it is the Official Token of the Airux Ecosystem. Every product of the Airux Ecosystem will benefit the token.
tokens are used as rewards for staking the Airux Ecosystem's NFTs. This incentivizes holding and engaging with the ecosystem's NFTs while bringing exposure for the $AIRUX token in the NFT space.
Profits from activities within the ecosystem, like mint income + royalties from NFTs and profits from ecosystem initiatives like the "King of the Hill" contest, are partly used for buying back tokens from the market. This mechanism can potentially increase the token's value by reducing supply, growing the treasury and showing ecosystem health and reinvestment.
The value of the NFTs in the Airux Ecosystem is directly tied to due to the staking rewards.
As the price of increases, the NFT value can also rise since the staking rewards become more valuable, making the NFTs attractive to trade and growing exposure for through the NFT marketplace.
As the NFT's trading volume goes up, the $AIRUX token buybacks through NFT Royaltie's will also increase, creating buy pressure on the $AIRUX token.
reaches a wide and diverse audience through initiatives like the "King of the Hill" contest and NFT staking rewards. Rewards and profits from the ecosystem's products can also be used for marketing purposes. (Airdrops, LP token burns, Listings, etc..)
Meteora Liquidity Pool fee's are paid out in $SOL and $AIRUX.
$AIRUX from the LP fee's will be used for staking reward pools, airdrops, treasury, community rewards, etc..
$SOL from the LP fee's will be used for $AIRUX token buybacks, marketing payments, project costs, etc..
You've been aping worthless cats and dogs meme's without utility for the last year(s), with no real updates from the Dev, no progress besides meme's, no usecase or anybody actually building something... If you don't understand the utlity of $AIRUX, just look at it as any other cat or dog meme i guess, but with a legit Dev behind it.. :)