Expansion
At the beginning of every epoch, if the time-weighted average price (TWAP) of XONE is greater than 1.01, a new XONE will be minted in the boardroom.
The amount of new XONE distributed depends on the current circulating supply of XONE — as shown in the table below.
Contrary to many tomb forks, we decided two set up two specific epochs at launch that differs in time and rewards.
First Epoch
The first epoch has a duration of 96 hours - accordingly, rewards will be paid out after that timeframe.
A fixed amount of 80,000 XONE is dedicated to this epoch.
Second Epoch
The second epoch has a duration of 120 hours.
A fixed amount of 60,000 XONE tokens. is dedicated to this epoch.
Further Expansion
Below 10K
4.5%
>10K and <15K
4%
>15K and <25K
3%
>25K and <35K
2%
>35K and <60K
1.5%
>60K and <250K
1.25%
>250K and <500K
1%
>500K and <1M
0.75%
>1M
0.5%
The Distribution of XONE during epoch expansion is as follows:
65%
DAO Treasury
30%
Dev & Marketing
5%
If there are bonds to be redeemed, 65% of minted Xone goes to Treasury until it's sufficiently full to meet bond redemption. If there is no debt, it will follow the maximum capped expansion %.
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