Auction Protocol
The NEXION Auction protocol is a critical part to driving success of the NEXION ecosystem. The protocol is designed to run perpetually.
How the PLS is allocated from Auction
50% to Buyback & Vault Mechanism:
45% Directly fuels NEON buybacks from the open market. Purchased NEON tokens are sent to the Buy-and-Burn mechanism, reducing circulating supply.
45% Of the purchased tokens are sent to the NEON Vault.
10% Is allocated to the Farm Investment wallet.
This continuous demand accelerates deflation and supports sustainable value growth.
25% to Farming Investment Wallet:
Allocated to a dedicated wallet for strategic farming investments. This wallet generates yield by participating in farms across the ecosystem, enhancing the NEON treasury.
10% of harvested rewards are sent to team treasury
90% of harvested rewards are sent to the Staking Rewards Pool
Rewards are harvested from the farm pool and utilized to build the Staking Reward Pool. This pool is rewarded to users who Stake their NEON tokens in the HoloVault.
18% to Liquidity Bonding: Used to create and add Bonded Liquidity Pool pair NEON/PLS. This LP is burned.
3% to LP Bonds: Used to create and add Bonded Liquidity Pools paired with PulseChain ecosystem tokens, such as:
PLS
PLSX
HEX
ATROPA
INC
pDAI
3% Genesis Allocation:
A small percentage is allocated to the Team, ensuring the resources necessary for:
Continued innovation.
System sustainability.
Long-term success.
Maintains transparency and trust with the community.
1% to Raffle Game:
Fuels the NEON Raffle Game, an exciting, decentralized lottery system.
Players buy tickets with PLS for a chance to win NEON rewards.
Enhances liquidity and system growth while distributing rewards transparently.
How the Auction works:
Auction Reward Allocation: Day 1-10
During the first 10 days of the NEXION Auction, rewards are derived from the initial minting of 90 million NEON tokens per day, totaling 900 million NEON tokens distributed in this phase. This rapid distribution phase ensures a fair launch and kickstarts the protocol’s deflationary and reward building mechanisms.
Auction Reward Allocation: Post-Day 10
After day 10, daily auction tokens are sourced from the NEON Vault. The Vault drips 20% of its remaining balance per day into the auction system, ensuring a steady stream of rewards for participants while maintaining deflationary pressure on the NEON supply.
The NEXION Auction is not just a distribution mechanism—it’s a carefully designed system that integrates deflation, liquidity bonding, and ecosystem growth to create sustained value for all participants. Join the auction and be part of NEON's hyper-deflationary journey!
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