Token Economy
Tokenomics
Last updated
Tokenomics
Last updated
OXE token is a utility token that powers the OXEChain ecosystem. It has several use cases, including facilitating payments, providing loyalty rewards, reducing fees, and participating in liquidity mining. Additionally, OXE token holders can benefit from the referral program bonus, which offers high percentage rewards for bringing new members to the platform.
The OXE token has a total supply of 1 billion tokens, with the following distribution:
Community incentives share of token allocation, reflects the project commitment to build a strong community around the OXEChain ecosystem. These tokens will be used for loyalty rewards, referral program bonuses, and liquidity mining.
Liquidity pool events will provide interrests for OXE token holders to provide liquidity to the platform. These tokens will be locked in liquidity pools, depends which stage and investment period you invested in, ensuring the stability of the platform.
Development & Labs Reserve tokens will be used to fund ongoing development and research for the OXEChain ecosystem.
The team will hold 12% of the total token supply, with a three-years vesting period to ensure that their interests are aligned with the long-term success of the project.
Private sales (including seed, strategic & sale stages) will be used to raise funds for the project, while public sales will allow the broader community to participate in the project.
To ensure the long-term stability of the OXE token, the team will implement a yearly token burn. The tokens will be burned in stages to prevent any sudden price shocks. This strategy will create the right dynamics in the market, promoting a healthy price appreciation.
Over the next 3 years, the OXE token is expected to grow in value as the OXEChain ecosystem expands and more users adopt the platform. With a robust community, ongoing development, and a commitment to creating a seamless user experience, the OXE token is poised for long-term success in the cryptocurrency market.
Investors who participated in OXE's private sale, public sale, and pre-sale are subject to lock-up periods of varying lengths. Private sale investors will have a lock-up period of one year, while public sale investors will have a lock-up period of six months. Pre-sale investors will also have a lock-up period of one year. During this time, investors will not be able to sell their tokens. The lock-up period is designed to encourage long-term holding and stability of the token's value. The table below shows the lock-up periods for each ICO:
It's important to note that there is a lock-up period for investors who participated in the private sale, public sale, and pre-sale of the OXE utility token. This means that these tokens will be locked up for a certain period of time before they can be traded or sold on the open market. Specifically, private sale investors will have a lock-up period of 1 year, while public sale investors will have a lock-up period of 6 months. Pre-sale investors will also have a lock-up period of 1 year. This lock-up period is a common practice in the cryptocurrency space, and it's designed to incentivize long-term holding and stability for the token's price.
Check Tokenomics for more info. https://app.gitbook.com/o/YNJZCHPV2aEZ9GVbLFVp/s/SQw9ZeSPYYNYeGekugCn/tokenomics
Token Allocation
Percentage
Number of Tokens
7%
70,000,000
Liquidity Pool (LP ) & reserve
20%
200,000,000
Development
4%
40,000,000
Seed Sale
5%
50,000,000
Strategic Sale
13%
130,000,000
Private Sale ICO
11%
110,000,000
Public Sale IDO
8%
80,000,000
Team
12%
120,000,000
Marketing
17%
170,000,000
Advisors & Partners
3%
30,000,000
Stages
Lock-Up Period
Token Allocation Percentage
Number of Tokens
Seed Sale
1 year and 9 month
5%
50,000,000
Strategic sale
1 year and 6 months
13%
130,000,000
Private Sale (ICO)
1 year and 3 month
11%
110,000,000
Public Sale (IDO)
6 month
8%
80,000,000
