How Does APX Work?
Imagine getting rewarded for sharing cool content or showing love to others' posts. That's exactly how APPICS reward system works – simple, fair, and for everyone!
Ticker
Our currency – like Euro or Dollar, but digital!
Total Supply
Total APX that exist now
--% of max supply
Circulating Supply
Currently in circulation
Current Inflation
Decreases 0.5% annually
Who Gets What?
Unlike traditional social media where 100% goes to shareholders,
100% of the value goes to the community!
Content Creator
You create a post? % of rewards go to you!
✨ Example: If a post earns 100 APX → You get 65 APX!
Voters & Curators
You show love to a post? % of rewards go to voters!
👍 Example: If a post earns 100 APX → 25 APX shared among all voters!
Network & Development
Keeps the platform running! % for sustainability & growth
🔧 Covers servers, development, and platform improvements
Reward Period
--
Rewards are calculated and distributed over this cycle
Vote Recharge
--
Time to fully recharge voting power
Max Vote Charge
--
Maximum voting power in Points
50 = 100%
⚙️ APX Blockchain Configuration
Live data from the APX smart contract on Telos
How Are Rewards Calculated?
Think of it like sharing a pizza! The more people participate, the bigger the pizza gets! 🍕
The Simple Formula
Step 1: The Reward Pool
Every rewards period, new APX is added to the rewards pool (like adding money to a prize pot!)
Step 2: Share Between Posts
The reward pool is divided equally among all unpaid posts waiting for rewards
Step 3: Share Among Voters
Each post's rewards are split between voters based on how much voting power they used
The Formula
Rewards Per Post = C / U
C = Rewards Pool | U = Unpaid Posts
Vote Weight = A / T
A = Your Vote Power | T = Total Votes on Post
Your Reward = P × W
P = Post Rewards | W = Your Vote Weight
Example Result
500 APX Pool ÷ 5 Posts = 100 APX per post
25 APX vote ÷ 3000 total votes = 0.0083 weight
100 × 0.0083 = 0.83 APX for your vote!
🎯 Key Takeaways
More Voting Power
= Higher Rewards
Quality Content
= More Votes = More Rewards
Everyone Wins
65% Creator + 25% Voters + 10% Network
❓ Frequently Asked Questions
What is Proof of Stake? ▼
Proof of Stake means that the more APX you hold (stake), the more influence and voting power you have. It's like having more shares in a company – more shares = more voting rights!
How do I earn APX? ▼
You can earn APX by: 1) Creating quality content that gets upvoted, 2) Upvoting other people's content (curation), or 3) Holding APX and participating in governance.
Why is there inflation? ▼
Inflation rewards active participants! New APX is minted to reward content creators and voters. The rate decreases over time to ensure long-term sustainability.
