Introducing HubrisOne X & the YieldX Token

HubrisOne X

Here’s a quick summary and TLDR

  • YieldX Token Contract Address: https://etherscan.io/token/0x2075ab08d7c74eee8776b3726661c2b55413d721
  • Automated Market Making protocol, interactive DEX, Defi asset management and non-custodial wallet (already available via our IOS App & Android)
  • 150 YieldX reward per block during initial harvesting stage (6 weeks). The block rewards will reduce to the following schedule:
Block Rewards Post Migration~15.6 in Year 1
~8.4 in Year 2
~4.4 in Year 3
~2.2 in Year 4
~1 in Year 5
  • Deflationary tokenomics — max supply over 5 years ~124M YieldX tokens
  • 90% of YieldX tokens minted during the initial harvest bonus period will be distributed to LP’s
  • 10% of YieldX tokens minted during the initial harvest bonus period will be distributed to the HubrisOne company development fund, locked for three months, vested over 3 years. (More details below)
  • Up to, a maximum of ~4.5M YieldX tokens is available for the YieldX referral program. (More details below).

Initial Harvest Period

Company Development Fund

  1. No developer company tokens will be released until three months after the first YieldX token is minted. There is a 3-month time lock on company developer tokens, this time lock will expire on the 25th of February 2021. The smart contract ensures only 10% of initial supply that’s minted will be sent to the company development fund during the initial harvest period, approximately ~4.5M YieldX tokens.
  2. After the time-lock expires, the company Dev fund tokens will be disbursed over a 3 year (36 months) vesting period, equally each month. Simply put, ~134K YieldX tokens will be released equally each month for 36 months which ensures long-term incentives for us as company (or skin in the game), these funds will be used to grow our team, pay for recurring costs and develop additional products and services in order for us to remain competitive and provide value to LP’s and stakers.

YieldX Supply & Block Rewards

Block Rewards Post Migration~15.6 in Year 1
~8.4 in Year 2
~4.4 in Year 3
~2.2 in Year 4
~1 in Year 5

Post Migration & Protocol Fee Distribution

0.25% — Liquidity Providers
0.04% — Stakers in YieldX Staking Hub
0.01% — Sent to the Company Development Fund

The YieldX Token & Future Block Rewards

~83.33% to LP's, 
~8.33% to YieldX stakers
~8.33% to Dev Fund

YieldX & Uniswap Token Rewards

ETH/WBTC ETH/USDC ETH/USDT ETH/DAI 

YieldX Referral Program

Protocol & Product Development

  • Allow users to Send & Receive ERC20 Assets Directly from HubrisOne X platform
  • All wallet transaction notifications on web platform
  • Add functionality to mobile app to allow users to exchange
  • Stake and un-stake YieldX tokens directly from app
  • Add and remove liquidity directly from HubrisOne app
  • Add and remove liquidity from other pools in and app and web platform

YieldX Staking Hub

Initial Liquidity Pools

Liquidity Pool       Reward Received
ETH/WBTC *UNI & YIELDX
ETH/USDC *UNI & YIELDX ETH/USDT *UNI & YIELDX ETH/DAI *UNI & YIELDX LINK/ETH YIELDX YIELDX/ETH YIELDXYFI/ETH YIELDX AMPL/ETH YIELDXCOMP/ETH YIELDX BAND/ETH YIELDX

Getting Started & Key Links

Audit

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