Drax - axMatic / Dark Magic SLP (sushiswap)

Tokenomics

Purpose: Sub-ecosystem wrapper token of axMATIC/MAGIC LP and arbitrage opportunities

Name: Drax

Symbol: DRAX

Network: Polygon Network

Supply: infinite — mints at a 1:1 ratio to DMAGIC/axMATIC LP

• 1 MATIC = 1 axMATIC

Function: Wrapper token to DMAGIC/axMATIC SLP (sushiswap)

Mechanics:

TX fee: 0.5%

• 0.4% goes to staking vault

• 0.1% goes to a treasury address

Contract Address: 0x1Ba3510A9ceEb72E5CdBa8bcdDe9647E1f20fB4b

Sushiswap DEX Link: https://analytics-polygon.sushi.com/pairs/0x9817b7759096d1826a9256d8c62232c878cde7d2