Mint and Burning
XRT(Application Token)
Mint
The initial number of XRT is zero,all XRT tokens are minted in the process of users’ behaviour in XRUN APP as rewards. The total supply of XRT is 10 billion. When XRT tokens reach the upper limit, black hole account will automatically control the minting authority.
Burning
1.Shoe-Minting
2.Repair
3.Leveling up Sneakers
4.Gems upgrade
5.Unlocking Socket
XNB(Governance Token)
Mint
The total supply of XNB tokens is 10 billion, with the following proportional allocation and vesting rules :
ALLOCATION | SCALE | AMOUNT(XNB) | VESTING |
---|---|---|---|
Seed | 1% | 100m | 12 months lock,then 48 months linear vesting(3 months 10% TGE) |
Strategic Investor | 6% | 600m | 6 months lock,then 48 months linear vesting(3 months 10% TGE) |
Institutional Inwestor | 8% | 800m | 6 months lock,then 48 months linear vesting(6 months 10% TGE) |
Public Offering | 5% | 500m | undetermined |
Team | 10% | 1000m | 12 months lock,then 60 months linear vesting |
Advisors | 2.5% | 250m | |
User Earn Reward | 30% | 3000m | |
Ecosystem | 37.5% | 3750m |
Burning
NFT
1.Burn XNB to reach level 5/10/20/29/30
2.Burn XNB to upgrade Level 4+ Gems
3.Burn XNB to mint ALL Sneaker qualities
4.Burn XNB to re-distribute Attribute points
Enhance In-app Mechanics
1.Burn XNB to permanently increase XRT Daily Earning Cap
2.Burn XNB to permanently improve success rate of ALL Gem upgrade
3.Burn XNB to permanently improve the chance to receive a higher quality Sneaker from opening Shoebox
Note: XRT and XNB above combustion and casting are not limited to XRUN's first application scenarios.
Last updated