How is xNILE obtained?

Users can acquire xNILE through vote bribes and emission splits in specific low-impact liquidity pairs. The NILE team intends to utilize xNILE as a means to advance sustainable vote-bribe matching programs. Each gauge will have the opportunity to earn a proportionate split of NILE/xNILE based on the liquidity pair's impact on the health of the DEX. Core pairs, which contribute significantly to the ecosystem's growth and the DEX's longevity, will receive the majority or entirety of emissions in liquid NILE. Conversely, extremely low volume and low fee-generating pairs will receive a higher percentage share of emissions in xNILE. This approach promotes sustainability and discourages purely short-term capital that does not align with the goals of the ecosystem.

The initial Ratios per gauge:

  • Default Ratio: 20% NILE / 80% xNILE

These ratios are adjustable by the team/governance depending on the efficacy and necessary precedents set forth.

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