Full Onyxcoin tokenomics breakdown: XCN token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about Onyxcoin tokenomics.
Onyxcoin token distribution allocates 68,892,071,756 XCN across 3 primary stakeholder groups:
XCN uses variable cliffs and vesting schedules that change depending on the allocation:
43.9% of the total supply (23,468,212,886.603 XCN) is unlocked at TGE, with the entire unlock going to Community.
Onyxcoin has a total supply of 53,470,523,779 XCN, of which 39,370,560,539 XCN (73.6% of total) is currently circulating.
Total length of the full Onyxcoin emission schedule is 9 years, with 45.95% released in Year 1, while the remaining 54.05% is released over the following 8 years.
43.9% of the Onyxcoin supply is allocated to community focused pools such as Circulating.
Onyxcoin ($XCN) offers a revolutionary approach to blockchain infrastructure, designed to enhance the capabilities of modern financial services. Previously known as Chain, Onyx provides a robust framework with its innovative products, Chain Core and Sequence, to support both permissioned and open-source blockchain networks. This versatile infrastructure facilitates the creation, operation, and connection of blockchain networks, revolutionizing asset movement and management globally. Onyx Core stands at the heart of this transformation, offering institutions the tools needed to launch and maintain blockchain networks or integrate with a plethora of evolving networks worldwide. The Onyx Protocol is pivotal, detailing the methodologies for asset issuance, transfer, and control, thereby ensuring secure and efficient network operations. It supports diverse asset coexistence and enables interoperability with other blockchain networks, promoting an inclusive blockchain ecosystem. Engineered for high performance, Onyx Core meets the rigorous demands of contemporary financial systems, significantly reducing the time required for transaction creation, signing, and validation to mere milliseconds. This efficiency underscores its suitability for high-frequency financial transactions, providing a reliable foundation for expanding blockchain applications. Through these cutting-edge technologies, Onyxcoin ($XCN) cements its market position as a key player in building scalable, secure, and efficient financial networks. By integrating seamless connectivity and high-speed transaction capabilities, it empowers organizations to redefine financial service operations and asset management on a global scale, ensuring they remain at the forefront of the blockchain revolution.