Tokenomics
The native token XP powers gas, mining rewards, and Union Staking on the Xphere network.
Token Parameters
| Field | Value |
|---|---|
| Symbol | XP |
| Decimals | 18 |
| Wei sub-unit | 1 XP = 10^18 wei |
| Initial Supply | 1.5 billion XP pre-distributed (Xphere 1.0 continuity) |
| Max Supply | 5.5 billion XP (1.5B pre-distributed + 4B emitted over 100 years) |
| Issuance | Minted every 60 blocks; −26.28% per year (×0.7372 every 31,536,000 blocks) |
| Burn | 50% of transaction fees |
Distribution at Genesis
The following reflects the initial allocation; exact percentages are published with the genesis block.
| Bucket | Share | Vesting |
|---|---|---|
| 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 |
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 year (×0.7372 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.