XDC Network Tokenomics Overview
Full XDC Network tokenomics breakdown: XDC token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateApril 14, 2018
Max Total Supply37,500,000,000
Total Supply38,065,686,425
Transparency
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XDC Tokenomics FAQ
Key questions and answers about XDC Network tokenomics.
What is the utility of the XDC token?
XDC Network has 4 primary token utilities:
- Network Security: Validators stake a minimum of 10 million XDC tokens to run masternodes and participate in block validation under the XDPoS consensus mechanism, securing the network.
- Staking Rewards: Validator masternodes earn approximately 10% annual rewards and standby masternodes earn 8% annually on their staked XDC, distributed from network emissions every epoch (900 blocks).
- Gas Token: XDC is the native gas token for all Layer 1 transactions on the XDC Network, with users paying transaction fees in XDC for smart contract execution, payments, and all on-chain operations.
- Standard 1:1: Token holders participate in XDCDAO's People's House governance by depositing a minimum of 10,000 XDC to gain one-token-one-vote voting power on network proposals.
What is the token allocation for XDC?
XDC Network token distribution allocates 37,500,000,000 XDC across 3 primary stakeholder groups:
- Insiders: 40.00% (Founders/Team 40.00%)
- Foundation: 33.34% (Ecosystem Development 26.67%, Contingency Fund 6.67%)
- Community: 26.67% (Pre Placement 26.67%)
What is the vesting schedule for XDC?
XDC uses variable cliffs and vesting schedules that change depending on the allocation:
- Founders/Team: Linear Vesting Every 12m x33
- Ecosystem Development: Linear Vesting Every 12m x40
- Pre Placement: 100.0% at TGE
- Contingency Fund: N/A
How many XDC tokens unlock at TGE?
26.7% of the total supply (10,001,250,000 XDC) is unlocked at TGE, with the entire unlock going to Community.
What is the total supply and circulating supply of XDC?
XDC Network has a total supply of 37,500,000,000 XDC, of which 19,946,688,440 XDC (53.2% of total) is currently circulating.
What is the token emission schedule for XDC?
Total length of the full XDC Network emission schedule is 40 years, with 28.55% released in Year 1, while the remaining 64.79% is released over the following 39 years.
What percentage of XDC is allocated to the community?
26.7% of the XDC Network supply is allocated to community focused pools such as Pre Placement.
What is XDC Network (XDC)?
The XDC Network is an innovative component of the XinFin platform, designed as a "hybrid blockchain" aimed at revolutionizing the global trade and finance sectors. It masterfully bridges the gap between public and private blockchains through its adaptable and interoperable smart contracts. This unique approach allows developers to build decentralized applications and protocols on the XDC Network, empowering seamless token issuance and integration. The network is optimized for efficiency, offering remarkably low transaction fees and swift confirmation times, supported by its robust double validation and randomization processes that ensure operational fairness and security. Tokenomics play a pivotal role in the functionality of the XDC Network. The native cryptocurrency, $XDC, is integral to the network’s economic model. It facilitates transactions within the ecosystem while serving as a staking resource to enhance security and bolster network reliability. The staking mechanism not only enhances the blockchain's effectiveness by securing the network but also incentivizes users to participate through staking rewards. The architecture of XDC Network is purposefully constructed to support high throughput and scalability, essential for handling a vast number of transactions typical in financial operations. The dual node setup effectively combines the strengths of both public and private nodes, maintaining transactional privacy as needed while ensuring transparency for public operations. The network's commitment to low energy consumption adheres to ecological sustainability without compromising security or efficiency. Strategically positioned within the blockchain market, XDC Network’s adaptability and efficiency make it a formidable player poised for significant impact in the financial industry. Its ability to facilitate interoperability among various blockchain systems offers businesses the flexibility to tailor blockchain solutions that meet their specific needs, driving broader adoption across sectors reliant on secure, efficient, and transparent transaction processes.
