$ODIN is the utility and governance token of AsgardX on Arbitrum, which is focused on real yield earning through decentralized exchange, launchpad, and AI farming.
- Real-Yield Earning: Users can earn ETH/ BNB from the protocol's revenue
- AI Farming: Using AI to find profitable pools fast and safely, increasing user profits
- AsgardX Launchpad: Infrastructure specifically designed for public sales on Arbitrum
- AsgardX DEX: Swap / AMM / Earn Real Yield Rewards
- Deflationary Fund: A share of the protocol earnings is using for buyback & burn $ODIN token
AsgardX uses a dual-token model with the primary currency being ODIN and its escrowed version called xODIN, which are both utilized for staking rewards and governance purposes. The majority of token emissions are distributed in xODIN to enable better control over the token supply in circulation. This approach ensures a balance between providing attractive rewards and the long-term sustainability of the protocol. To ensure the sustainability of AsgardX's tokenomics, there is a supply hard cap, carefully crafted emissions, and additional deflationary measures in place. Revenues generated by the main features are partly redistributed to xODIN holders as real yield and used for buyback and burn activities, creating constant buying pressure on ODIN.