Web3 Research (Hackathon)
The objective of our Web3 research and development was to establish a blockchain capable of supporting smart contracts and decentralized exchanges.
Polkadot is a multi-chain platform that enables interoperability and communciation between different blockchains, known as parachains and parathreads, connected to its relay chain.
XON is used as a medium of exchange for transactions within Xode Blockchain and may also serve other functions such as incentivizing network participants, paying for transaction fees, and facilitating the execution of smart contracts.
Locked Coins:
857 million (857,456,241.79068) XON
Management:
Managed by Xode Foundation (DAO)
Staking Structure:
Locked coins are held within the Xode Foundation (DAO)
Burn Schedule:
Annually, 10% of the locked coins will be burned over a period of 8 years.
The burn schedule can be dynamically adjusted based on governance decisions to respond to market conditions.
Coin Quantity:
120 million (122,493,748.82724) XON
Annual Reward Rate:
4%
Purpose:
To enhance network stability and security through staking participation
Coin Quantity: 61 million (61,246,895.41362) XON
Purpose: To raise initial capital and involve strategic partners.
Coin Quantity: 61 million (61,246,895.41362) XON
Purpose: To ensure liquidity for smooth trading on exchanges.
Coin Quantity: 24 million (24,498,749.765448) XON
Purpose: To reward the team and developers for their contributions and ongoing support.
Coin Quantity: 24 million (24,498,749.765448) XON
Purpose: To drive marketing initiatives and foster community growth.
Coin Quantity: 24 million (24,498,749.765448) XON
Purpose: To build strategic partnerships and expand the ecosystem.
Coin Quantity: 24 million (24,498,749.765448) XON
Purpose: To provide a buffer for unforeseen circumstances and ensure stability.
Coin Quantity: 24 million (24,498,749.765448) XON
Purpose: To reward the founders for their vision and leadership.
Xode Foundation (DAO) plays a critical role in the management and governance of the locked coins. The community, through Xode Foundation (DAO), has the authority to dynamically adjust the burn schedule, allowing for a flexible and responsive coin economy. This decentralized approach ensures decisions are made in the best interest of the community and the long-term health of the Xode ecosystem.
Xode’s tokenomics strategy is focused on long-term value creation, stability, and community empowerment. By locking a significant portion of the coins and implementing a flexible burn schedule, Xode ensures a sustainable growth trajectory. The strategic allocation of the remaining coins supports liquidity, development, marketing, partnerships, and reserve needs, creating a balanced and robust foundation for the future.
We invite all stakeholders to join us in building a decentralized, resilient, and thriving Xode ecosystem.
The objective of our Web3 research and development was to establish a blockchain capable of supporting smart contracts and decentralized exchanges.
Xode Blockchain emerged from the winnings of our Web3 Research and participation in the Polkadot Hackathon.
The conversion of the current stand-alone blockchain into the Parachain.
XGame and Xode Devnet development. Smart contracts and multi-asset (token) is now fully functioning in the Xode Parachain
XGame served as the inaugural use case for Xode, marking the launch of Xode Mainnet.
Xode Blockchain emerged from the winnings of our Web3 Research and participation in the Polkadot Hackathon
Parachain auction for Xode Mainnet. Two initial collator node will run to support the initial Mainnet infrastructure. Additional infrastructure was also provided for Xode Testnet.
Xode's future roadmap includes full EVM support and OpenGov for network governance.
In order to effectively adapt to forthcoming opportunities, we are integrating comprehensive EVM support for Ethereum Solidity Smart Contracts, as well as implementing Polkadot OpenGov for on-chain governance within Xode.
The next runtime upgrade of Xode will be for EVM support. This will enable Solidity contract to run on the network natively henceforth provide opportunities for Ethereum based contract and assets interoperability. This will open a full DeFi services through Humidefi in Xode.
For future proof and decentralization of Xode, we will be adding Polkadot’s OpenGov to the eco-system. All modification, economic activities and other enactment for changes to Xode will go throuhg this on-chain governance pallet.
A secure, multi-chain wallet for XODE and more.
Your XODE assets, accessible right from your browser.
If you are a developer, a forward-thinking entrepreneur, an NFT collector, a blockchain and cryptocurrency fan, or simply a Web3 enthusiast, join our Discord community of like-minded innovators.
