A total of 50 million $XE were minted and distributed. 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 had been through the swap process to $TNC were able to claim a distribuion of $XE. This was proportional to their original holdings, factoring the reduction in supply.
In addition, a small percentage of all holders funds were held back to create the Growth Fund.
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 Growth Fund is controlled through project governance.
$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:
Node rewards are held in a network-controlled wallet: