EMPIRE Token¶

EMPIRE Token is the DEX token for EmpireDEX. EMPIRE is a deflationary fixed supply asset that boasts a revolutionary feature that we call Weaponized Liquidity. This positions EmpireDEX to use the backing tokens in it’s DEX/COIN LP pairs to utilize as ammunition to bootstrap and propel the EmpireDEX protocol in an unprecedented way that break the expected norms of liquidity generation on decentralized exchange protocols allowing EmpireDEX to stand freely in a market of its own.

Essentially, if every holder of DEX sold their tokens the price would go to a certain level (the price floor) and there would still be backing tokens in the LP pair. This liquidity below the price floor is normally unaccessible and to a certain extent ‘wasted’, but with Weaponized Liquidity EmpireDEX is able to make use of these backing tokens for a wide range of purposes such as using to seed various yield farms as additional income for liquidity providers on EmpireDEX. On top of that, DEX/COIN LP holders earn a share of the total trade volume of that network’s EmpireDEX in the form of the stablecoinvault.

As DEX is deflationary, each trade of the token removes some of the circulating supply and thus drives the price floor up over time.