ExoraPad
  • ExoraPad
    • 👨‍🏫Introduction
  • Overview
    • 🤷Why ExoraPad?
    • 🔧How ExoraPad Works
    • 💼Staking & Tiering System
    • 👩‍💻Architecture Overview
    • 🤖AI Analysis System
    • ⛓️DAO Governance & Voting Mechanism
  • 🛣️Roadmap
  • 📈EXP Token
  • How To Set Up A Trust Line
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  • Token Distribution
  • $EXP Tokenomics Overview
  • EXP Token Utility

EXP Token

The utility and governance token of the ExoraPad Ecosystem

The Exorapad Token "$EXP" powers the platform, enabling governance, staking, and reward distribution.

Token Distribution

The total supply of ExoraPad tokens is fixed at 100,000,000 (100 Million) EXP. This fixed supply creates scarcity and prevents inflationary pressure on token value.

  • Public Sale (Initial Governance Offering): 40% (40,000,000 $EXP) Allocated to the community via a public sale, promoting decentralization and broad participation. Minimal vesting ensures liquidity and accessibility.

  • Ecosystem Fund: 20% (20,000,000 $EXP) Dedicated to community initiatives, partnerships, liquidity support, and incubating promising DePIN and RWA projects..

  • Staking & Pool Rewards: 25% (25,000,000 $EXP) Reserved to reward token holders who stake EXORA, promoting network stability and governance participation. Rewards are distributed gradually over several years to incentivize early and sustained engagement.

  • Team & Advisors: 8% (8,000,000 $EXP) Tokens allocated to the core team and strategic advisors, with long-term vesting schedules, a 6 months cliff, then linear release over 2 years

  • DAO Treasury Reserves: 7% (7,000,000 $EXP) Strategic reserve for future growth, unforeseen needs, operational sustainability, and critical developments. Managed transparently with DAO governance oversight, ensuring responsible and strategic use of funds.

$EXP Tokenomics Overview

ExoraPad's tokenomics model is designed to create a sustainable ecosystem that aligns the interests of all stakeholders – project creators, investors, and platform participants – while leveraging the native capabilities of the XRP Ledger.

Dual-Token System

ExoraPad operates with a dual-token structure:

  1. $XRP: The native currency of the XRP Ledger used for:

    • Transaction fees

    • Base currency for platform operations

    • Settlement layer for cross-currency exchanges

  2. $EXP Token: The ExoraPad platform's utility and governance token with multiple functions across the ecosystem

Key Principles

The tokenomics model is built on several key principles:

  • Value Accrual: Token value is directly tied to platform growth and utilization

  • Stakeholder Alignment: Incentives structured to benefit all ecosystem participants

  • Deflationary Mechanics: Supply management through burning and locking mechanisms

  • Sustainable Growth: Long-term viability prioritized over short-term price action

  • Utility Focus: Token designed around practical platform functionality

EXP Token Utility

The EXP token is a multi-utility asset serving several critical functions within the ecosystem:

Governance Rights

  • Proposal Submission: Token holders can submit governance proposals

  • Voting Power: Weighted voting rights based on token holdings and staking duration

  • Committee Participation: Qualification for expert committee membership

  • Parameter Adjustment: Voting on platform parameters (fees, thresholds, etc.)

Platform Access

  • Priority Project Submission: Expedited review for token holders

  • Reduced Fees: Tiered fee discounts based on token holdings

  • Enhanced AI Features: Access to advanced AI insights and predictions

  • Premium Analytics: Expanded data analysis tools and reports

Economic Incentives

  • Staking Rewards: Passive income through participation in platform security

  • Revenue Sharing: Distribution of platform fees to token stakers

  • Referral Rewards: Bonuses for bringing new projects or investors

  • Liquidity Mining: Rewards for providing liquidity to XPAD trading pairs

Project Participation

  • Priority Access: Early access to project funding rounds

  • Allocation Guarantees: Reserved allocations in popular projects

  • Bonus Rewards: Additional rewards from participating projects

  • Special NFT Access: Eligibility for project-specific NFTs with utility

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Last updated 3 months ago

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