XDO is the secondary token issued by the xDollar. This is fair launch project. It captures the fee revenue that is generated by the system and also incentivizes early adopters and Frontend Operators.
In future, XDO will also be served as DAO governance token in which holders can vote on proposals that drive xDollar to a better platform in cryptodollar space. More details is coming.

Token Distribution

    100 million (100,000,000) XDO tokens in total.

47% to the xDollar Community‌

    Polygon Network (11%)
      Stability pool rewards (10%): will be issued to users who deposit xUSD to the Stability Pool. The rewards described by the function: 10,000,000 * (1–0.5^year)
      Matic-xUSD (0.05%): will be allocated to LPs of the xUSD:MATIC LP pool. These tokens are earned by staking xUSD:MATIC LP tokens and will be distributed by the protocol over the course of 60 days.
      0.95%: to be deployed for community rewards.
    Avalanche Network (10%)
    Arbitrum One (11%)
    Other Chain Networks (15%) includes EVM compatible side chains and emerging L2 protocols. The next chain is to be announced in near future.

15% to Ecosystems

    15% XDO are under 1 months lockup and 2 months vesting period.

23% to Team (including incubator/advisor)

    XDO in this category are under 6 months lockup and are 1/2 vested after 6 months of engagement and then 1/18 every months after. (24 month vesting period)

14% to Foundation/Treasury

    6% XDO for Foundation are under 12 months lockup
    8% XDO for Treasury are locked onto multi-sig wallet.

1% to Initial Startup

    XDO in this category are released to team after TGE for the initial startup of the platform including marketing/bootstrap liquidity/bounties/expenses/airdrop.

Last modified 28d ago