#Apex Frequently Asked Questions (FAQ)
- Table of contents:
- Frequently Asked Questions about $APEX Token.
2. Frequently Asked Questions about #Apex Nodes.
3. Frequently Asked Questions about #Apex Team.
4. Frequently Asked Questions about #ApexSwap.
5. Other Frequently Asked Questions.
1. Frequently Asked Questions about $APEX Token:
Q- Where can I buy $APEX?
A- You can buy $APEX only at https://apexswap.io/. Check this Tutorial to know how to do it.
Q- What currency do I need to buy $APEX?
A- You will need $USDC because $APEX is available with the APEX/USDC Pair.
Q- How do I add $APEX Token to my wallet?
A- Check this Tutorial to know how to do it.
Q- Will the Team make $APEX buybacks?
A- Yes, the Apex team will do buybacks, but they will not be the main mechanism for controlling prices.
Q- What is the Total Supply and Circulating Supply of $APEX?
A- The Total Supply of $APEX is 1,200,000 Tokens. 1% of the Total Supply is in the Liquidity Pool and 99% of the Total Supply is in the Rewards Pool.
2. Frequently Asked Questions about #Apex Nodes:
Q- How many $APEX do I need to create 1 Node?
A- You will need 10 $APEX to create a Node.
Q- Where do I create a Node?
A- Once you have the 10 $APEX in your wallet you have to access the Website https://app.apexnodes.io/ and create your Node. Check this Tutorial to know how to do it.
Q- What are the daily rewards per Node?
A- Each Node rewards its holder with 0.12 $APEX of Passive Income per day.
Q- Is there a maximum limit of Nodes per wallet?
A- Yes, 100 Nodes.
Q- Can I transfer my Nodes to another wallet?
A- No. Nodes are not transferable.
Q- Can tokens be sold when you don’t have enough to make a node?
A- You can sell $APEX as long as you have created at least 1 Node.
Q- When does the decay of my Node rewards begin?
A- In order to ensure the long term sustainability of Node Rewards, after 12 months of deployment of a Node, rewards will decay, but will never fall below 50%.
Q- When a Node is created, are the 2 tokens that go to the Apex Treasury sold immediately?
A- Yes, they are automatically sold for $AVAX.
Q- Should I see the rewards adding up immediately after creating a Node?
A- Yes, the rewards start to add up automatically.
Q- Do I have to select Network/RPC when creating my Node to start receiving rewards?
A- No. It is not necessary to start receiving rewards.
Q- Do I have to pay a fee when claiming rewards from my Nodes?
A- Yes, you will have to pay 0.05 $AVAX claim fee each time you claim rewards.
Q- How much does the maintenance of each Node cost?
A- 27 Native USDC per month. The first month is free.
3. Frequently Asked Questions about #Apex Team:
Q- How many members does the Apex Team have?
A- 19 and growing + contractors.
Q- Where can I find more information about Team Members?
A- CEO — Tom Barr: LinkedIn
Business Development Director — Dean Stallard: LinkedIn
4. Frequently Asked Questions about #ApexSwap:
Q- Will ApexSwap list other tokens?
A- Yes, ApexSwap will be a Fully Decentralized Exchange like Uniswap or TraderJoe as Phase 1 rolls out.
Q- Is Liquidity locked in the APEX/AVAX Pair in ApexSwap?
A- No, we will be migrating our Liquidity Pool from “Phase 0 ApexSwap” to “Phase 1 Apex Swap” and we keep the fees.
Q- Where can I see the Locked Liquidity?
A- See previous answer.
5. Other Frequently Asked Questions:
Q- Is the Apex Treasury backed by a multi-sig wallet?
A- Yes.
Q- Where can I make suggestions for the Apex Team?
A- You can create a Suggestion Ticket in the #📝│suggestions-tickets Channel on Discord.
Q- I have a problem and I need to talk to the Apex Team to solve it. What do I do?
A- You can create a Support Ticket in the #🆘│support-tickets Channel on Discord.
