Aligned Quote Assets

Aligned quote assets are a premium tier of the GX Exchange spot listing system. By staking 800,000 GX, projects receive enhanced benefits including trading fee discounts, yield sharing, and featured placement in the exchange interface.

Overview

The aligned quote asset program creates deep economic alignment between token projects and the GX Exchange ecosystem. Projects that commit more GX stake receive tangible financial benefits that grow with their trading volume.

Requirements

Benefits

1. Trading Fee Discount (20%)

All trading pairs using the aligned quote asset receive a 20% reduction in trading fees:

This discount applies to all traders on pairs involving the aligned quote asset, not just the project team. Lower fees attract more volume, creating a positive feedback loop.

2. Yield Sharing (50%)

The project earns 50% of all trading fees generated on pairs using their aligned quote asset:

Project yield = 50% * total_fees_on_aligned_pairs

This creates a direct revenue stream for projects that drives alignment with GX Exchange. The more volume their pairs generate, the more both the project and the protocol earn.

3. Featured Placement

Aligned quote assets receive prominent display in the GX Exchange interface:

• Featured in the market selector
• Higher visibility on the trading dashboard
• Included in the default market list for new users

4. Enhanced Analytics

Projects with aligned status receive:

• Real-time volume analytics for their pairs
• Trader demographics and flow data
• Liquidity depth reports
• Custom API endpoints for their pairs

How It Works

Step 1: Stake 800,000 GX

Stake 800,000 GX tokens to register as an aligned quote asset. This can be done by the project team, a DAO treasury, or community supporters.

Step 2: Register and Configure

1. Submit an aligned quote asset registration transaction
2. Provide token contract address and trading parameters
3. Set preferred tick size, lot size, and initial fee tier
4. Registration takes effect in the next block

Step 3: Earn Revenue

Once trading begins on aligned pairs:

• 50% of trading fees flow to the project’s designated address
• Fees are accumulated per epoch and can be claimed at any time
• Revenue is paid in USDC (the settlement currency for trading fees)

Step 4: Maintain Alignment

The aligned status is maintained as long as:

• The 800,000 GX stake remains active
• Quarterly trading volume meets minimum thresholds
• The token is not flagged by governance

Economic Model

Example: $5M Daily Volume on Aligned Pairs

Daily trading volume:           $5,000,000
Taker fee (0.040%):            $2,000
Maker fee (0.016%):            $800
Total daily fees:               $2,800

Project share (50%):            $1,400/day
Monthly project revenue:        ~$42,000
Annual project revenue:         ~$511,000

This revenue model aligns the project’s success with trading activity on GX Exchange, creating mutual incentive to attract traders and liquidity.

Comparison with Permissionless Listing

Upgrading from Permissionless to Aligned

Projects that already have a permissionless quote asset can upgrade to aligned status:

1. Stake an additional 600,000 GX (total: 800,000)
2. Submit an upgrade transaction
3. Benefits take effect in the next epoch
4. Existing trading pairs are automatically upgraded

Stake Recovery

If a project decides to remove their aligned status:

1. Submit a downgrade or delisting request
2. Revenue sharing stops at the end of the current epoch
3. For full delisting: 30-day wind-down period, then 800,000 GX stake returned
4. For downgrade to permissionless: immediate transition, 600,000 GX returned