Skip to main content

Tokenomics

The native token XP powers gas, mining rewards, and Union Staking on the Xphere network.

Token Parameters

FieldValue
SymbolXP
Decimals18
Wei sub-unit1 XP = 10^18 wei
Initial Supply1.5 billion XP pre-distributed (Xphere 1.0 continuity)
Max Supply5.5 billion XP (1.5B pre-distributed + 4B emitted over 100 years)
IssuanceMinted every 60 blocks; −26.28% per year (×0.7372 every 31,536,000 blocks)
Burn50% of transaction fees

Distribution at Genesis

The following reflects the initial allocation; exact percentages are published with the genesis block.

BucketShareVesting
Mining (future emission)~50%Released per-block over decades
Ecosystem / Grants~20%4-year linear with 1-year cliff
Foundation Treasury~15%5-year linear
Team & Advisors~10%4-year linear with 1-year cliff
Public / Community~5%Unlocked at genesis
note

Distribution percentages are illustrative; refer to Whitepaper §5.e for authoritative numbers.

Emission Schedule

A fixed reward is minted every 60 blocks (≈ every 60 seconds) and reduced by 26.28% per year0.7372 every 31,536,000 blocks). The first reduction has already occurred.

Emission per 60 blocks:
Year 1 (initial) → 2000 XP
Year 2 (current) → 1474.4 XP
Year 3 → 1086.93 XP
…−26.28% each year, over a 100-year schedule

Each minted reward is split: 20% Foundation, 40% Miner, 40% Union. See Mining Rewards and Whitepaper §5.c.

Burn Mechanism

50% of every transaction's fees are burned, permanently removed from circulation. Combined with the 26.28% annual emission reduction, this provides balanced deflationary pressure during high network activity.

See Whitepaper §5.d for the formal model.

Where XP Flows

Minted reward (every 60 blocks):
Foundation ← 20%
Miner (Proof Chain) ← 40%
Union Staker ← 40%

Transaction fees:
Burn (protocol) ← 50%

Tracking Supply

Query current circulating supply:

curl -X POST https://en-hkg.x-phere.com \
-H "Content-Type: application/json" \
--data '{"jsonrpc":"2.0","method":"xp_getTotalSupply","params":[],"id":1}'

Or use the Tamsa Explorer supply page.

See Also