FAQ

What is Apollon?

Apollon is a platform that creates synthetic assets, like stocks, ETFs, and commodities, as tokens on a blockchain. These tokens can be traded without owning the real assets. Their value is backed by cryptocurrencies like USDC, wBTC, and wSEI. You can trade these assets 24/7, minting (creating) new tokens is only available during NASDAQ trading hours (1:30 PM to 8:00 PM UTC, Monday to Friday).

What is APO?

APO is the main token of Apollon, with only 1 million tokens in circulation. Up to 49 million more tokens may be released later, but only after a transparent vote by the Apollon DAO (Decentralized Autonomous Organization). This process will be slow to avoid market disruption. Another up to 135 million tokens are allocated to being used as collateral to support trading on the platform. The Apollon DAO earns fees from trading, which benefits APO and PAPO holders by increasing their returns. Each APO token gives one vote in the Apollon DAO. APO Holders share 20% of all Yield Rewards. Maximum Supply is 200 million Token.

What is PAPO?

PAPO, or "Preferred APO," is the second token in Apollon’s dual-token system. Like APO, each PAPO token also gives one vote in the Apollon DAO. PAPO holders share 80% of all Yield Rewards. PAPO Holders are mainly long term Stakeholders like Investors and the Team, but has also a wide holderbasis through an early AirDrop of 30M (15% of the Supply). Maximum Supply is 200 million Token.

What are Yield Rewards?

The Apollon DAO earns fees from trading activities. These fees are shared with APO and PAPO holders as "Yield Rewards."

You can hold APO or PAPO tokens in your wallet, in the original liquidity mining pool, or as collateral within Apollon. You will always be eligible to receive yield rewards, which you can claim here (link). These rewards are paid out in APO tokens, which are purchased from the open market using protocol revenue—ensuring there is no inflation.

Why does Apollon use a dual-token model?

APO and PAPO are designed to help the Apollon platform grow.

•⁠ ⁠APO: Keeps platform costs low and increases revenue. It has a stable "floor price" because only the DAO and owns it at launch, with no inflation or airdrops.

•⁠ ⁠PAPO: Encourages long-term participation. PAPO holders receive 80% of the Yield Rewards and have significant voting power. PAPO transactions don’t affect APO’s price, ensuring APO remains fairly traded.