XMessenger version 2 Testnet
  • ⛓️XChain: An Efficiency-First Privacy Oriented Chain for Communication
  • Overview
    • ✖️What is XChain
    • 🎆What is an L2 Parallel Subnetwork (L2PS)
    • ✨How Does XChain Work
    • ✖️XChain Nodes: What They Are and How to Use Them
    • 🖥️Node Operators
    • 📱XMessenger: XChain Instant Messaging System
    • 🔏Privacy and XChain: A built-in concept
    • 🪙$X Token
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  1. Overview

$X Token

$X Token - XMessenger rewards users for holding the $X token which gives them access to additional functions and also a share in the revenue generated by the platform. $X is an ERC-20 token that is on the Ethereum blockchain and has a fixed supply of 100,000,000 tokens. The platform charges a 0.5% to 1% fee(depending on service) on every transaction and distributes on a monthly basis as follows;

-60% revenue share

-30% buyback and burn of $X Tokens

-10% x operations

*Encrypted messaging is free-to-use as we want everyone to have a safe environment in communicating.

How revenue share works; Example Holder A has 100,000 $X tokens by end of month and total revenue generated was 10,000 ETH; Revenue Share = (100,000 tokens / 100,000,000 total supply) x 0.6 revenue share x 10,000 ETH revenue = 6 ETH

PreviousPrivacy and XChain: A built-in concept

Last updated 1 year ago

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