🪙Tokenomics
On this page you can learn more about the OXEChain (OXE) tokenomics. OXE is a utility token based on the BEP20 standard launched on the BNB smartchain. Please find all the important information below.
1. OxeChain Token (OXE)
| KEY DATA | |
|---|---|
Ticker | OXE |
Type | BEP20 (on BNB smartchain) |
Use Case | Utility Token |
Maximum Supply | 1 Billion (1,000,000,000 OXE) |
Seed Sale | 50,000,000 OXE |
Strategic Sale | 130,000,000 OXE |
Private Sale ICO | 110,000,000 OXE |
Public Sale IDO | 80,000,000 OXE |
Team | 120,000,000 OXE |
Utilities | Liquidity Mining, Loyalty Tiers, reduced Fees, earn more Rewards, Token Buyback, Referral Program Bonus |
Vesting | Yes |
Most of the OXE tokens are allocated to the community including team and will be distributed by token sales, marketing events, referral rewards and liquidity mining.
2. Seed Sale
Tokens available for sale: 50,000,000 OXE
Token price: $0.0008
Vesting period: 12 months
Hardcap: $40,000.00
3. Strategic Sale
Tokens available for sale: 130,000,000 OXE
Token price: $0.00144
Vesting period: 12 months with a daily release of 1/365 of bought OXE
Hardcap: $187,200.00
4. Private Sale (ICO)
Tokens available for sale: 110,000,000 OXE
Token price: $0.00388
Vesting period: 6 months with a monthly release of 1/6 of bought OXE
Hardcap: $426,800.00
4. Public Sale (IDO)
Tokens available for sale: 80,000,000 OXE
Token price: $0.0177
Vesting period: 6 months with a monthly release of 1/6 of bought OXE
Hardcap: $1,416,000.00
5. Team Token
Total team tokens: 120,000,000 OXE(12%)
Each team member gets an allocation of 100,000 OXE.
Vesting period of 36 months with a daily release of 1/1000 of allocated OXE
The remaining OXE tokens remain in the team pool for new team members and as team reserve.
6. Advisor and Partner Tokens
Total advisor and partner tokens: 30,000,000 OXE (3%)
Most tokens will be locked for future partners and advisors.
Vesting period: 12 months with a daily release of 1/365 of bought OXE
7. Token Utilities
Pool interests: You can add up to +4.5% to your interest rate.(LP & Staking reward)
Reduced fees: You can reduce your fees for products & collabs up to -20%.
More rewards: You can increase your reward rate up to a double once you are a member.(NFTS, Games, educational courses..)
Token buyback: OXE plans to use a part of its future revenue to buy back OXE tokens. This may require a license or permit that OXE must obtain.
Referral Bonus: The bonus of OXEChain referral program will also be based on the loyalty tiers. The more tokens you hold the more referral bonus you can receive.
8. Use of Funding
The capital collected from private sale, pre-sale, and public sale will be used for the further development of the OXechain company and all related operations. The largest part of the investment will be allocated to technical development, including the OXechain protocol and platform. Another important point will be marketing and all related activities to reach end customers. Legal and regulatory aspects are also crucial, for instance obtaining a banking license. Continuous business development and exploration of new business areas are also essential. The last major item is operations; this includes infrastructure costs, rent, office equipment, and salaries that do not relate to any of the previously mentioned areas. The precise allocation of the funds is displayed in the following figure.
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