💰Token Economics

GDXEN&XEC Dual-currency system + Burn to earn

The tokenomics design of the GDXEN project is based on principles of fairness and transparency, where all GDXEN and XEC tokens are intended for users, and the project team has not reserved any tokens.

GDXEN

The total supply of GDXEN tokens is approximately 5,020,000. Its daily output in each round has a fixed decay rate of 0.4%, meaning that each day's output will be slightly less than the previous day. The first-day output of GDXEN is 20,000, and subsequent daily outputs are a certain proportion of the previous day's output.Holders of GDXEN can also participate in Burn to earn and earn more profits.

XEC

The total supply of XEC is not fixed but dynamically adjusted. XEC tokens are obtained through burning garbage coins, which means its total supply is influenced by the supply of garbage coins. Additionally, future DAO proposals may vote to increase or decrease the types of garbage coins that can be burned, further impacting the total supply of XEC. Hence, we can say that the total supply of XEC is flexible, subject to market conditions and community decisions.

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In the GDXEN project, token distribution is based on objective, pre-defined rules. For instance, users can compete for daily GDXEN outputs by burning XEN tokens. This design ensures that all users have a fair opportunity to obtain these two new tokens without any privileges or preferential treatment.

The design of GDXEN and XEC tokens provides opportunities for all users to benefit from the project. Holders of GDXEN can earn ETH rewards by staking it in the protocol, while XEC holders can reduce their protocol fees when burning XEC to maintain their healthiness. Additionally, players holding XEC can participate in Burn to Earn, where they can burn garbage tokens and earn extra profits.

Through this fair, transparent, and predictable tokenomics design, the GDXEN project aims to create a blockchain ecosystem driven by the community, providing value to all participants.