# GRDX Token

GRDX is the utility token on the Luna Classic network, making its debut in October 2023. It is designed to power core functions within the Garuda ecosystem (DeFi and NFT Marketplace)

GRDX is used as a utility payment token across the [Garuda DeFi](https://garuda-defi.org/) and [BigbangX](https://garuda-defi.org/) platform, enabling users to access features, services and protocol operations efficiently while supporting the sustainability of the ecosystem.

As Garuda DeFi and BigbangX continues to expand, GRDX plays a key role in driving on-chain activity and strengthening the platform’s utility layer.

<table><thead><tr><th width="140.39990234375">Property</th><th>Details</th></tr></thead><tbody><tr><td>Name</td><td>GarudaX Token</td></tr><tr><td>Symbol</td><td>GRDX</td></tr><tr><td>CA</td><td>terra12f3f5fzfzxckc0qlv3rmwwkjfhzevpwmx77345n0zuu2678vxf0sm6vvcw</td></tr><tr><td>Developer</td><td>Garuda Universe</td></tr><tr><td>Renounced</td><td>Yes</td></tr><tr><td>Genesis Total Supply</td><td>1,000,000,000 GRDX</td></tr><tr><td>Dev Burned</td><td>900,000,000 GRDX</td></tr><tr><td>Current Total Supply</td><td>94,321,307 GRDX as of January 06, 2026</td></tr><tr><td><a data-footnote-ref href="#user-content-fn-1">On-chain Burn</a></td><td>Yes</td></tr><tr><td>Off-chain burn</td><td>Yes</td></tr><tr><td>Tax Token</td><td>No</td></tr><tr><td>Utility</td><td>Native payment on Garuda DeFI and BigBangX NFT Markeplace</td></tr></tbody></table>

## Total Supply

Initially, the total supply of GRDX was 1 billion tokens. Following a strategic developer decision, the supply was reduced to 100 million to enhance scarcity, strengthen long-term value, and align the tokenomics with sustainable ecosystem growth.

## Renounced

The GRDX smart contract has been fully renounced, resulting in a trustless and immutable token structure. As a consequence, there is no administrative control or privileged access remaining within the contract. GRDX can no longer be minted, modified, or altered in any form, ensuring a fixed supply and eliminating the risk of centralized intervention. This design reinforces transparency, security, and long-term confidence in the GRDX token within the Garuda DeFi ecosystem.

## Projected Burn

GRDX is a deflationary utility token featuring **a dual burn mechanism** that reduces supply over time.

{% tabs %}
{% tab title="On-chain Burn" %}
The on-chain burn occurs when GRDX is used as a platform fee within Garuda DeFi, where 100% of the fee is automatically and permanently burned.
{% endtab %}

{% tab title="Off-chain Burn" %}
The off-chain burn is funded by Garuda DeFi and BigbangX performances, which will be used to buyback and burn GRDX token from open market :&#x20;

* 25% of factory fees (pool,token,farming and staking) from Garuda DeFi&#x20;
* 2.5% of protocol fees from DEX trading&#x20;
* 25% of marketplace fees from BigbangX&#x20;
  {% endtab %}
  {% endtabs %}

This dual mechanism directly links GRDX scarcity to platform usage and trading activity, supporting long-term ecosystem sustainability.

## Liquidity Projection

Liquidity Projection plays a key role in supporting the long-term liquidity stability of the GRDX token within the Garuda DeFi ecosystem. A portion of ecosystem revenue is allocated to buyback activities and to strengthen GRDX liquidity, helping maintain market depth and reduce excessive volatility.

Liquidity reinforcement is sourced from:

* **25% of Factory Fees** including fees generated from pools, token utilities, farming, and staking
* **2.5% of Protocol Fees** derived from DEX trading activity
* **25% of Marketplace Fees** originating from the BigBangX ecosystem

These allocations are deployed in a measured manner to enhance liquidity across core trading pairs and support a sustainable liquidity profile for GRDX.

## 2026 Tokenomic&#x20;

*Updated as of January 06, 2026*

<figure><img src="https://1287123956-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtxjjcjzH1UYRlroVNUWJ%2Fuploads%2F8eXcFhAAVKZVkWK3k38r%2FBlue%20Futuristic%20Business%20Roadmap%20Presentation%20-%202026-01-06T191035.754.png?alt=media&#x26;token=9ed545a1-b863-4bd1-b65f-f87a2db4bbbf" alt=""><figcaption></figcaption></figure>

### Staking Rewards Tokenomic 2026

<figure><img src="https://1287123956-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtxjjcjzH1UYRlroVNUWJ%2Fuploads%2FM2bPLi1R7k2eaWLkqWXB%2FBlue%20Futuristic%20Business%20Roadmap%20Presentation%20-%202026-01-07T175735.970.png?alt=media&#x26;token=2fdb31d6-166d-4b1a-ae2a-26be638e0d4a" alt=""><figcaption></figcaption></figure>

The GRDX staking rewards tokenomic 2026 framework is designed to balance ecosystem sustainability with market stability. By maintaining a controlled reward distribution, the protocol helps mitigate excessive sell-pressure which can negatively impact token price dynamics and liquidity conditions.

* Initial Total Rewards provided : 2,500,000 GRDX
* Each phase deploys 20% = 500,000 GRDX
* If rewards for every phase finished, APR will be drops by 50% and the next 500,000 GRDX is deployed for the new phase

A measured reward schedule also encourages participants to transition toward farming-based incentives, where rewards are tied to productive liquidity contributions rather than passive holding. This approach supports deeper liquidity, strengthens protocol utility, and aligns long-term incentives between token holders and the broader Garuda DeFi ecosystem.

## GRDX 2026 Roadmap

The 2026 roadmap outlines the strategic development phases of the GRDX ecosystem across four quarters.&#x20;

<figure><img src="https://1287123956-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtxjjcjzH1UYRlroVNUWJ%2Fuploads%2Fk84jxPUEdCwIoPBfG8K4%2FBlue%20Futuristic%20Business%20Roadmap%20Presentation%20-%202026-01-08T095711.746.png?alt=media&#x26;token=6d643fe7-9fc8-4735-9fa2-6d89031d2881" alt=""><figcaption></figcaption></figure>

The plan focuses on strengthening tokenomics, expanding cross-chain presence, and increasing ecosystem utility. Key milestones include the launch of the new tokenomics framework and Osmosis deployment in Q1, followed by the introduction of the BigBangX launchpad in Q2. In Q3, the roadmap prioritizes the expansion of Garuda DeFi to Solana along with the GRDX re-launch on the network. The year concludes in Q4 with a targeted CEX listing to enhance market accessibility and liquidity.

[^1]: A mechanism when users use GRDX as the platform fee on Garuda DeFi, 100% of the tokens are automatically and permanently burned