Total Supply and Allocation
xELN has a maximum total supply of 10 billion.
The supply of xELN is allocated as follows:
50% (5,000,000,000 xELN) are allocated towards emissions over a period of 6 years. These emissions are directed by the EpsiLoan DAO and incentivise certain actions within the EpsiLoan Protocol. Emissions can additionally be used to incentivize liquidity on liquidity pools.
15% (1,500,000,000 xELN) will be held in the EpsiLoan DAO Treasury (linearly vesting over 2 years after TGE)
10% (1,000,000,000 xELN) are allocated to the Core Contributors. These tokens have a cliff of 24 months and will be vest linearly for 24 months.
6% (600,000,000 xELN) is allocated to Early Supporters who assisted in bootstrapping costs associated with the initial development of the EpsiLoan Protocol. Vesting in 10-12 months
9% (900,000,000 xELN) is allocated towards Launchpads/ Liquidity Bootstraping pool and IDOs 30% of these tokens will be unlocked at TGE, the rest will follow a 9-12 month vesting schedule.
5% (500,000,000 xELN) will be allocated towards marketing and partnerships.
5% (500,000,000 xELN) will be allocated towards bug bounties, rewards and airdropping to build our community
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