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$XE Distribution
$XE distribution started on the 04th of June and will close at the end of September 2021
A total of 50 million $XE have been minted and are in the process of distribution. In addition to this, 10 million $XE are locked in the network to be mined and released as node rewards.
Holders of the original $EDGE token who have been through the swap process to $TNC in Edge Console can now claim a distribution of $XE. This is proportional to their original holdings, factoring the reduction in supply.
In addition, a small percentage of all holders funds will be held back to create the Growth Fund.

Distribution Break Out

The Dev Fund holds $XE assigned to support the day-to-day development of the network. The Growth Fund holds $XE assigned to support the marketing and growth in uptake of the Edge Network. The Staking Contract holds $XE locked in the network as governance and node stakes. The Community distribution are the $XE held by individual supporters and customers of the Edge Network.
The figures below represent the initial distribution percentages for $XE
Distribution
Percentage Allocation
Dev Fund
15.64%
Growth Fund
10.03%
Staking Contract
31.54%
Community Circulating
34.79%
Founding Team
8%
The Growth Fund is controlled through project governance.

Node Rewards

$XE has a mineable supply of 10 million coins, with a steady emissions curve tied to block time. Mined coins provide the yield for the network and are released as node rewards.
The maximum yield in year one is 1 million $XE (10%). This will be reduced in year two, further in year three and so on.
The following table shows expected emitted $XE for the next five years:
Year
Emitted $XE
Supply Increase
2021/22
1,000,000
2.00%
2022/23
900,000
1.76%
2023/24
810,000
1.56%
2024/25
729,000
1.38%
2025/26
656,100
1.23%
Node rewards are held in a network-controlled wallet:

$XE Calculator

You can see a spreadsheet that can be used to calculate the $XE that you will be able claim here: ed.ge/xe/calculator
To use this sheet:
    1.
    Create a copy of the sheet
    2.
    Update cell B2 with the number of $EDGE tokens that you swapped through Edge Console
    3.
    Cell B10 will show the number of $XE available for you to claim
Last modified 29d ago