SJX to Exa Token Swap: Tokenomics Overview

Welcome to the future of luxury goods on the blockchain! The SJX to Exa token swap marks a significant step in integrating real-world assets (RWAs) with the Solana network through the Siljexa platform (siljexa.com). Here’s a concise overview of the tokenomics for the Exa token and the swap process.

Token Supply and Swap Details

• SJX Token: SJX is a synthetic placeholder token with a total supply of 100,000,000. It serves as a temporary token leading up to the swap.
• Exa Token: Exa, the native token of the Siljexa platform, has a total supply of 1,000,000,000. It powers transactions and interactions on the Solana network via smart contracts and oracles.
• Swap Ratio: The swap will occur at a 10:1 ratio, meaning 10 Exa tokens will be issued for every 1 SJX token. This ensures a smooth transition for SJX holders to the new Exa ecosystem.

Exa Token Utility

Exa is designed to bridge luxury goods—silver, jewelry, and watches—with blockchain technology. On siljexa.com, Exa tokens will facilitate transactions for these RWAs, tracked securely using Solana’s high-performance smart contracts and oracles. This integration ensures transparency and efficiency in the luxury goods market.

Deflationary Mechanism

Exa is a deflationary token, designed to increase scarcity over time. Tokens will be burned with every physical purchase of RWAs on the Siljexa platform, reducing the circulating supply and potentially enhancing value for holders. This mechanism aligns the token’s value with real-world economic activity.

Purchase Reserve Allocation

To ensure liquidity and stability, Exa implements a dynamic reserve strategy. For every 25% increase in the token’s underlying value on decentralized exchanges (DEXs), 0.1% of the total Exa token supply will be allocated to a purchase reserve wallet. This reserve supports platform operations and maintains market confidence.

Looking Ahead

The SJX to Exa swap is a pivotal moment for Siljexa, bringing luxury goods to the Solana blockchain. The swap will occur at a later date, with further details to be announced. Stay tuned to siljexa.com for updates on the swap process and how Exa will redefine luxury asset ownership!