The $EQUITY token, explained

$EQUITY is the protocol token of EquityX. It has two jobs: rewarding people who take the risk of running the protocol, and letting them steer where it goes next.

Fee capture

Every trade on EquityX pays a small fee. 100% of net protocol fees route to stakers of $EQUITY, distributed pro-rata to your share of the staking pool.

Fees are paid in the trade asset (USDG / ETH), not in freshly minted $EQUITY. That means staking yields are real revenue, not inflation.

Governance

Stakers vote on:

• Which new equities get listed as SYMBOL.x markets.

• Fee tiers, oracle sources, and reserve parameters.

• Treasury allocation for incentives, security, and grants.

Quorum is 5% of staked supply; majority approval is required to pass.

Supply and emissions

There is a fixed maximum supply. Emissions are used exclusively for liquidity bootstrapping and are on a published, decreasing schedule. There is no discretionary printing.