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

Circulating Supply	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:

Receiver	Share
XFACTORY Holders in Boardroom	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 %.