Incentive Token Distribution
In this section, you can find out how $HEXIT will be distributed.
TLDR: either provide liquidity and stake the LP or sacrifice to receive $HEXIT. The earlier you join, the more $HEXIT you're likely to earn. Total supply depends on the bootstrap phase.
HEXIT distribution process
Below we describe how HEXIT tokens will be minted. The total supply and final distribution can only be known once the airdrop ends.
Bootstrap sacrifice begins
Once the bootstrap begins, new HEXIT will be minted according to the following formula:
Sacrifice Total USD * Bonus Multiplier * Total Daily HEXIT
Sacrifice Total USD * Bonus Multiplier * Total Daily HEXIT
100% of $HEXIT allocated to sacrifice participants.
Distributed To | Total |
---|---|
Bootstrap Sacrifice | 100 |
TOTAL | 100% |
Bootstrap sacrifice ends
66% new HEXIT are minted and allocated to an unknown address.
HEXIT SUPPLY ALLOCATION | TOTAL |
---|---|
Bootstrap Sacrifice | 60 |
Unknown | 40 |
TOTAL | 100% |
Airdrop begins
Once the airdrop begins, new HEXIT will be minted according to the following formula:
(9 * Sacrifice Total USD) + (1 * Hex Staking Total USD) + Total Daily HEXIT
(9 * Sacrifice Total USD) + (1 * Hex Staking Total USD) + Total Daily HEXIT
Final HEXIT distribution table
Can only be known once the bootstrap airdrop ends. A maximum of 5% of HEXIT tokens will be claimed by the airdrop participants (likely less).
HEXIT SUPPLY ALLOCATION | TOTAL |
---|---|
Bootstrap Sacrifice | 59 |
Unknown | 36 |
Airdrop | 5 |
TOTAL | 100% |
Hexit distribution timeline
Bootstrap Sacrifice phase: 30 days
Bootstrap Airdrop phase: 69 days
Supply Allocation by Vertical per Second
HEXIT SUPPLY VERTICAL | TOTAL PER SEC | PERCENTAGE |
---|---|---|
Farm HEX1/DAI from ETH | 1,555,555 | 76% |
Farm HEX1/HEXIT | 455,555 | 22% |
Price Feed | 25,555 | 1% |
TOTAL | 2M | 100% |
The total HEXIT supply will increase with farming and price feed keepers.
A total of 2,036,665 HEXIT tokens are minted per second; 175 Billion HEXIT per day; and 74 Trillion per Year.
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