Parallax Finance Docs
  • Overview
    • Platform Overview
    • Network
      • Home on Arbitrum
      • Scaling with zkSync
  • Tokenomics
    • Token Overview
      • $PLX
      • $yPLX
    • ve8020 Mechanics
  • Products
    • 🧑‍🚀Orbital - Yield Optimizer
      • Orbital Strategies
    • 🌌Andromeda - Multivariant Yield
      • Andromeda Strategies
    • 💫Supernova - Powering LSDfi
      • Supernova Strategies
    • ⚫Black Hole - Liquidity Marketplace
  • DEVELOPERS
    • Developer notes
  • Parallaxoors
    • Partnerships
      • Integration Partners
      • Advisory Board
    • Technical Roadmap
  • RESOURCES
    • FAQ
    • How-to-Guides
      • How to Provide Liquidity for PLX-ETH on Uniswap V3
      • Wallet Setup Guide
      • Orbital Guide
      • Andromeda Guide
      • Supernova Guide
      • Black Hole
    • Audit
    • Terminologies
    • Official Links
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  1. Tokenomics

Token Overview

PreviousScaling with zkSyncNext$PLX

Last updated 1 year ago

Overall Goals of $PLX and $yPLX

  • Allow users to generate higher APY on LSD vaults. Why get 6–8% yield when you can get 30% on PLX?

  • Strong deflationary and utility value for tokens, especially so during a bull market as most users want to maximize yield.

  • Open the door to sustainable real yield income products for retail users.

  • Create an easy and safe-to-use product for the LSD-optimizoors.