Onyxcoin Tokenomics Overview
Full Onyxcoin tokenomics breakdown: XCN token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateOctober 31, 2021
Max Total Supply48,402,432,357
Total Supply48,402,432,357
Transparency
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XCN Tokenomics FAQ
Key questions and answers about Onyxcoin tokenomics.
What is the token allocation for XCN?
Onyxcoin token distribution allocates 48,402,432,357 XCN across 2 primary stakeholder groups:
- Foundation: 51.65% (Timelock 30.99%, DAO Treasury 20.66%)
- Community: 48.35% (Circulating TGE 48.35%)
What is the vesting schedule for XCN?
XCN uses variable cliffs and vesting schedules that change depending on the allocation:
- Circulating TGE: 100.0% at TGE
- Timelock: 200M XCN unlocked every 30 days (one epoch) until the scheduled conclusion of the emission period on March 1, 2030
- DAO Treasury: 200M XCN/month release cap; tokens released only when users claim
How many XCN tokens unlock at TGE?
48.4% of the total supply (23,402,576,044.61 XCN) is unlocked at TGE, with the entire unlock going to Community.
What is the total supply and circulating supply of XCN?
Onyxcoin has a total supply of 48,402,432,357 XCN, of which 36,693,706,805 XCN (75.8% of total) is currently circulating.
What is the token emission schedule for XCN?
Total length of the full Onyxcoin emission schedule is 7 years, with 53.21% released in Year 1, while the remaining 46.79% is released over the following 6 years.
What percentage of XCN is allocated to the community?
48.4% of the Onyxcoin supply is allocated to community focused pools such as Circulating TGE.
What is Onyxcoin (XCN)?
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.
