Project X
  • Introductions
  • Vision & Values
    • Exploring the Crypto Universe, Together
    • Phase 1: Community DeFi-as-a-Service
    • Phase 2: DaaS and NaaS with an Upgraded Contract
    • The Road Ahead: Evolving into a Comprehensive Community Crypto Platform
    • Roadmap
      • Q1 2022
      • Q2 2022
      • Q3 2022
      • Onwards
  • Fundamentals
    • Nodes
      • Fundamentals
      • Creation Distribution
      • Fee Schedule
    • Taxation & Trading Slippage
    • Sustainability
    • Over-The-Counter Service
    • Project Wallets and Uses
  • TECHNICALS
    • Database
  • Further Information
    • Security
    • Links
    • Disclaimer
      • Tokenomics
        • Version 1 - $PXT
        • Version 2 - $PXT2
        • Version 3 - $PXT
Powered by GitBook
On this page
  1. Fundamentals

Sustainability

PreviousTaxation & Trading SlippageNextOver-The-Counter Service

Last updated 3 years ago

Project X has been mindful of sustainability from the beginning, and we actively monitor our runway and current projections of node rewards and supply. This is why we lowered rewards to .17 early on even though it was initially unpopular with our earliest supporters, because we saw it was needed.

When deciding on our token distribution in the rewards pool, the team utilized predictive modelling and comparison between current active, successful projects in the space. Project X chose to start with a rewards pool nearly twice the size of others: 440,000 tokens.

Currently the reward pool is extremely healthy and holds nearly 80% () of all $PXT tokens in circulation. Based on our current modelling we target approximately 1% of total node creation as fresh, or non-compounded nodes. We believe this number to be fully achievable on its own through our continued delivery of successful operation and innovation in this space. Our model does not utilize additional returns from our Treasury, Validator nodes, accumulated Sell Tax, and cross-chain revenue streams, all of which may be additionally tapped as gap-closers.

Rewards Wallet