Token Utility
Data Services
The $SCX token is the gateway to accessing SourceX’s advanced analytics, staking rewards, and exclusive insights. Users must hold or stake $SCX to unlock platform features, with higher staking tiers granting greater benefits.
Staking for Access & Benefits
By holding or staking $SCX, users gain access to premium features, with benefits scaling based on the amount locked:
Tier
Required $SCX
Key Benefits
Free
0
Limited access to KOL mentions and token trends
Basic
4,500
Unlock deeper influencer analytics and trend tracking
Advanced
25,000
Access to AI-driven market intelligence and premium insights
For more details, visit: https://app.sourcex.io/pricing
Product Utility
$SCX as Points: $SCX tokens function as points required to access various services and features on the platform.
Staking $SCX: Users earn points by locking $SCX tokens, with points controlling system usage. Different features consume varying amounts of points.
API Access Fees
API Consumption: Fees for API access depend on the selected API package and data usage.
Token Locking: The amount of $SCX required to be locked correlates with the chosen API suite and usage preferences.
Credits and Usage: System features consume credits, with some requiring more than others.
Token Flow
Burning Process: Once API usage milestones are reached, $SCX tokens are burned to reduce supply, supporting token scarcity and value.
Targeted Ads (Monetized Attention Reward): Users earn $SCX rewards by engaging with targeted advertisements, fostering ecosystem participation.
Staking Rewards and Governance
Staking Rewards: Users who lock $SCX tokens earn APY rewards over time.
Voting Power: Stakers receive voting rights to participate in future SourceX governance decisions.
Locking Period & APY: APY rates and staking durations will be periodically reviewed and adjusted to maintain sustainability.
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