For the complete documentation index, see llms.txt. This page is also available as Markdown.

Reward Pool

The rewards pool gets filled with TITANX and X28 from staking payouts. All TITANX not getting compounded are converted to X28 and are distributed as follows:

  • Auto-Compound - TITANX and X28 used to market buy ecosystem tokens and stake

  • Buy & Burn - X28 used to Buy & Burn STAX

  • NFT Hodlers - X28 sent to NFT holders

  • Genesis - no expectations

Phase
Auto-Compound
Buy & Burn
NFT Hodlers
Genesis

During Mint (Days 1-28)

0%

80%

12%

8%

Sliding Scale* (Days 29-299)

80% - 20%

0% - 60%

12%

8%

Forever after (Days 300+)

20%

60%

12%

8%

*Sliding Scale Phase - Auto-Compound and the Buy & Burn

  • Initial State:

    • 80% Auto-Compound

    • 0% STAX Buy & Burn.

  • This changes proportionally by 2% every distribution cycle (9 days).

    • Ex. Cycle 2 will be 78% Auto-Compound and 2% Buy & Burn. Cycle 3 will be 76% Auto-Compound and 4% Buy & Burn.

  • Final State:

    • 20% Auto-Compound

    • 60% Buy & Burn

Distribution

Rewards distribution to NFT holders will be callable every 9 days. This function only needs to be called once by a single person to allocate X28 to everyone. Users are then able to claim X28 tokens at any time after a distribution event. Your portion of the rewards pool is equal to the total reward multiplier of all your NFT's combined then divided by the global multiplier.

Example:

  • You own a Rare (10x) and a Legendary (Amped) (120x)

  • Your total multiplier is 10x + 120x = 130x

  • If the global multiplier of all NFT's in circulation combined is 13,000x then your % of the pool is calculated as 130x/13,000x = 0.01 or 1%

  • If the rewards pool has 10,000 X28 in it, then your 1% portion claimable is 100 X28 tokens.

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