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 SupplyExpansion

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:

ReceiverShare

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 %.

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