LogoLogo
GithubTwitterTelegram
  • About
  • Litepaper
  • FAQ
  • Community Links
  • Open Source Work
  • Product
    • Connecting Wallets
    • Product Walkthrough
    • Minting xUSD
    • Liquidations
    • xUSD Stability Pool: Coming Soon
    • Redemptions
    • Fees
    • xUSD Stability: Coming Soon
    • Shutdown Mode
  • Tokenomics
    • Token Distribution
    • Token Utility
  • Governance
    • Participating in Governance
    • Staking X Governance Tokens
  • Developers
    • SDK
    • System Diagram
    • Contributing to xBacked
  • Documentation
    • Glossary
  • Contracts & Tokens
    • Mainnet
    • Testnet
Powered by GitBook
On this page

Was this helpful?

  1. Tokenomics

Token Distribution

The governance token distribution

There are 100 million governance tokens, allocated as follows.

This is subject to change prior to TGE. For example, we may decide an IDO is not a strategic way to distribute tokens.

Allocation
Percentage

Community, Marketing & Growth

53%

Team

20%

1st Seed Round

10%

Pre-seed Allocation

5%

2nd Seed Round (potential)

5%

Advisors

4%

IDO (potential)

3%

Tokens for team are streamed over 3 years linearly after TGE, with a 12mo cliff.

Tokens for advisors are streamed over 3 years linearly after TGE, with a 12mo cliff.

Tokens for investors are streamed over 2 years linearly after TGE, with a 6mo cliff.

PreviousShutdown ModeNextToken Utility

Last updated 2 years ago

Was this helpful?