Core Concept

HYPEX is an independent Governance Token issued by Supreme Finance. HYPEX will be used for all Supreme Finance policy decisions, DeFi Pool and NFT Staking purposes.
A small liquidity provider fee is taken out of each trade and added to the reserves. While the ETH-ERC20 reserve ratio is constantly shifting, fees make sure that the total combined reserve size increases with every trade. This functions as a payout to liquidity providers that is collected when they burn their pool tokens to withdraw their portion of total reserves. Guaranteed arbitrage opportunities from price fluctuations should push a steady flow of transactions through the system and increase the amount of fee revenue generated.
Trading Relationship
With Uniswap, 0.3% of all trading fees in any pool are proportionately distributed to the pool’s liquidity providers.
With Sushiswap, 0.25% go directly to the active liquidity providers, while the remaining 0.05% get converted back to $SUSHI and distributed to the $SUSHI holders. 
With Supreme, 0.25% goes directly to the active LPs of the pool, and 0.05% gets split with a 7:3 split amongst $HYPE holders and original $HYPEX holders.
Structure of Trading fee

Introduction

Governance (HPX Token)

Last modified 1yr ago

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