$XDEFI Tokenomics
Token Information
- Total supply: 240,000,000 $XDEFI
- Initial supply: 40,251,026 $XDEFI
- Circulating supply can be found here
Token Distribution
GRAPH TO BE ADDED
INFO
These percentages are approximate and subject to change depending on the size and growth of the team and its advisors as well as the requirements of the Ecosystem Fund.
46% to the Ecosystem Fund
The Ecosystem Fund is controlled by $XDEFI token governance and the team.
These tokens can be used to supplement $XDEFI staking rewards, provide grants to developers and partners, fund certain programs such as Play to (L)earn and other programs that are designed to grow the Ecosystem.
28% to Early Investors
XDEFI’s early investors who funded the initial development of XDEFI Wallet. The investments took place over two private funding rounds in 2021 and 2022.
INFO
These tokens are subject to a 3-year schedule.
15% to the XDEFI team
Current and future team members allocation.
INFO
These tokens are subject to a 4-year vesting schedule for each team member.
9% to the Public Sale
Investors in the XDEFI public sale which took place on 15 November 2021.
INFO
These tokens were immediately available to Public Sale investors following the Dutch Auction.
2% to Advisors
Individuals that provided critical advice and support early in XDEFI’s development.
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These tokens are subject to a 3-year vesting schedule beginning in April 2022.
INFO
Initially we allocated 16% of $XDEFI tokens to a Play to (L)earn initiative that would incentivise users to learn how to use XDEFI Wallet and how to explore DeFi safely.
We still intend to pursue this initiative, but we plan to do so at a smaller scale than initially envisioned.
Therefore the 16% of tokens reserved for the Play to (L)earn initiative have now been reclassified as part of the Ecosystem Fund.