Every Day at 8pm UTC a random token holder is selected automatically and sent the full SOL pot.

We have created technical video's which transparently show how the process works during live jackpot draws

The more tokens you hold the better your chances are of winning Every 1,000,000 LBDX held issues you 1 Ticket for the Jackpot

The implementation of certain multiplier factors for longer term holders is currently under development

No, the tickets will automatically be rolled over to the next day

A key feature of the H2E protocol is the automatic redistribution of a portion of the transaction fees collected

You will receive $SOL directly to your wallet for holding $LBDX tokens. SOL will be airdropped multiple times per day, sometimes multiple times per hour, depending on the trade traffic and server performance

The distribution of SOL to token holders is done in a way that is proportionate to their holdings. This ensures fairness, as the more $LBDX tokens a user holds, the greater their share of the rewards

LIBREDEX Protocol is built using Token-2022 Extensions for handling tax collection and distribution.

Solana Labs has released an extension to the native SPL token program, Token-2022. Token 2022 is a new standard that extends the SPL token program and adds additional functionality through Token Extensions.

The Token-2022 program is designed to be a more flexible and extensible token standard that allows for more complex tokenomics and control for developers (source, QuickNode.com).

Tax is 0.5% on any swap / buy / sell / transfer.

+ There may be a small % of DEX fees / slippage.

If you see any thing more than this, it's due to what is known as the ''Token 2022 UI Glitch''.

This basically just means that the displayed price impact is not correct. You can check and verify the correctness of this on the blockchain and by calculating it yourself.

$LBDX holders get rewards! To calculate future potential rewards you may get, you can follow the following steps:

1. Check the volume on DEX screener or use approximate volume, for example $200K.

2. Multiply by 0.16% ($200,000 x 0.03 = $6,000). This is what goes into the rewards wallet.

3. Divide by your share of the total market cap. For example 20M $LBDX out of the 10B market cap is a 1 / 500th share (10,000M / 20M = 500).

$6,000 daily rewards / 500 share = $12 per day.

That would be $30 per day at 500K volume, $60 per day at 1M volume, $120 per day at 2M volume etc.

When you buy back $LBDX from your SOL rewards, you can potentially get a much higher APY / ROI, through the power of daily compounding.

And don’t forget the daily jackpot, for which you get 1 ticket per 1M tokens!

This is NOT Financial advice. Do your own research.

Someone asked us what the ROI of $LBDX is. The ROI or APY of $LBDX depends on the price at the time of investment, and on the daily volume

Let's assume someone buys 5 SOL (~$550) worth of $LBDX on Feb 18th 2024, which would give them ~ 20M $LBDX ($0.000025 per $LBDX) after tax

And let's assume $100,000 in daily volume which is a rough average for a random day (Feb 11th - Feb 18)

$100,000 in volume generates $3,000 in rewards (0.16%). If you hold 20M / 10B tokens = 1 / 500th of supply. You'd make ~$3,000 / 500 = $6 per day

5 SOL invested = ~$550 so your APY on $6 per day would be 401.5%. If you compound your SOL back into $LBDX it could become much more than that!

It would take ~3 months to reach $550 of rewards (91.7 days x $6 per day). The ROI would be 3 months

You'd also have 1 / 500th odds every day, on the daily jackpot, which would be ~ $3,000 at $100K volume

This ROI / APY would be lower if you have to pay more USD for $LBDX in the future. It also would be less if the volume would be less than $100,000 per day.

This is NOT Financial advice. Do your own research.

At LIBREDEX Protocol we strive to have fair tokenomics!

✅ 100% of supply went into the LP at launch
✅ The Liquidity Pool is 100% Locked / Burned Forever
✅ Fair Stealth launch on the open market
✅ No presale to early investors
✅ No team tokens allocation

Additional benefits:
✅ No token supply kept apart to 'give' to KOL's / influencers
✅ No need to sell tokens as a Project, due to the tax income
✅ Mainly organic growth, especially in first days after launch
✅ Took measures to avoid sniper bots and early whales
✅ Jackpot process as transparent & independent possible
✅ Listening to the community for input and feedback

The team at LIBREDEX Protocol boasts over 10 years of professional experience in Digital Marketing, including leading a marketing agency.

Our marketing strategy and plan at LIBREDEX Protocol is tailored towards reaching out to the Solana-based decentralised crypto ecosystem.

0.16% of taxes goes into the 'Dev wallet' for operations costs and marketing. A significant portion of this is used to invest in marketing.

All the Marketing we perform is Digital Marketing. Digital Marketing is the most effective way to reach (potential) cryptocurrency buyers.

Our focus is on onboarding influencers / Key Opinion Leaders (KOL's) in the the Solana-based decentralised crypto ecosystem.

Our focus is on KOL's with strong influence on X (Twitter), Telegram and YouTube; the the three major channels used by our target audience.

Besides this we are planning on using paid advertising on crypto focussed (and Solana focussed) digital platforms. We're also planning on utilising Google Ads, YouTube Ads and X (Twitter) Ads.

The team is furthermore planning to use Growth Marketing Techniques by working with User Generated Content (UGC) such as Rewards and Jackpot Wins for viral and digital 'word of mouth' marketing.

Although we have a highly professional and targeted marketing plan; we remain open to any additional marketing suggestions from the community