XBANKING $XB tokenomics.

XB Token Address

2 min readJan 12, 2023

0x67b0928f8025D8548A4475a80C5444AA8087FdbE

Supply and Inflation

4 Jan 2022 Initial StateFixed supply of 1,000,000,000 XB tokens.

Description BIP-14 XBANKING contributions may result in monthly XB burns, reducing the overall supply. XB will be sent to the following burn address: 0x000000000000000000000000000000000000dEaD

XB is the native token of the XBANKING.
XB is a governance token, whereby token holders vote on proposals to change the system parameters.
XB is a staking asset. Validators will earn fees for answering queries.
XB is a network access token which fulfill data queries for users of the API.
XB is the control token XBANKING DAO.

Quarterly tokens are redeemed at market price from DEX and CEX exchanges, at a fraction of XBANKING revenue from stacking, then burned, so the XB token becomes deflationary and its value increases.

XBANKING Treasury
Treasury will hold 70% of total XB tokens
Tokens can be used for swaps, grants, milestone rewards, etc. All usage will be executed only after a DAO proposal and vote.