Ten Avalanche tokens, paid
to holders.
Every AVAX10 trade pays a 3% fee. It is saved up, spent on ten Avalanche tokens, and sent to everyone holding AVAX10 - automatically, every epoch.
What this thing does
AVAX10 is a token that pays out ten others.
Here is the whole mechanism, in order.
- 01
A 3% fee on every trade
Every time someone buys or sells AVAX10, a 3% fee is taken in WAVAX - wrapped AVAX.
- 02
The split is fixed
One third of the fee goes to the platform, two thirds are saved for holders. It is fixed in the contract with no way to change it.
- 03
At 20 WAVAX, an epoch fires
Once 20 WAVAX has been saved up, the protocol spends it - buying ten Avalanche tokens, an equal tenth each.
- 04
Fifteen minutes later, holders are paid
Those tokens are sent out to everyone holding AVAX10. No claiming, no snapshot, no action required.
- 05
The cycle repeats forever
That cycle is an epoch. It repeats as often as trading volume allows, for as long as AVAX10 trades.
One epoch = one payout of ten tokens.
Buy fee, save, buy the basket, distribute - then again.
Progress to the next epoch
Fees accrue in WAVAX until they reach the epoch budget.
- Trade fee
- 3%
- Current epoch
- -
- Treasury owed
- -
- Dispute window
- 15 min
never raised
WAVAX
The basket
Ten tokens. Ten percent of every epoch each.
Read live from the AssetRegistry on-chain, so the list is never out of date - the basket can change. Click any address to copy it.
10
assets in basket
Never look a token up by its symbol. Avalanche carries clone tokens whose name is byte-for-byte identical to a real basket asset. There is a fake COQ that calls itself “COQINU”, exactly like the real one. Always use the address.
- 10%
COQ
COQINU
- 10%
PHAR
Pharaoh
- 10%
JOE
LFJ
- 10%
PNG
Pangolin
- 10%
KET
yellow ket
- 10%
NOCHILL
AVAX HAS NO CHILL
- 10%
KIMBO
Kimbo
- 10%
HEFE
HEFE
- 10%
ARENA
ArenaToken
- 10%
WOLFI
WOLFI
Read this first
The two things people always get wrong.
There is no snapshot
You cannot front-run a distribution.
A share depends on how much AVAX10 you held and for how long, averaged over the previous seven days. Buying five minutes before a distribution earns almost nothing. There is nothing to time.
Holders never have to claim
Your tokens arrive on their own.
After each distribution a service sends everyone their tokens automatically. The claim page is only a safety net so nobody depends on that service - it is not the normal path.
Addresses
Live on Avalanche mainnet.
Click any address to copy it.