Tokenomics

Genesis

  • 9% to the Private Sale, with 40% distributed upfront on TGE, and 60% vested over 4 months

  • 2.25% used for initial liquidity (Protocol Owned Liquidity)

  • 8.4% to the Public Sale, with 60% distributed upfront on TGE, and 40% vested over 6 months

$IX has a total supply of 100,000,000 tokens with more than 40% burnt

  • 15% allocated to the Core Contributors, 1 month cliff and vested linearly over 2 years

  • 15% allocated to the illumineX Fund (2 month cliff, and thereafter vesting terms agreed with the recipient on an individual basis)

  • 5% allocated to Advisors, 1-month cliff and vested over 2 years

  • 6% reserved for Community Growth, 1-month cliff and vested over 1 year. Has been burnt

Emissions Schedule

The $IX supply will be released over a total of 5 years as per the below graphic. At launch, the circulating supply is 10.9% of the total supply.

Private & Public Sale

Note: The private sale vesting is finished and the public sale vesting will be finished on 05/08/2024.

The Public Sale will offer 8.4% and the Private Sale 9% of the total $IX supply.

The proceeds from both sales combined will be used as follows:

  • 20% will immediately at launch be paired with the 2.25% of supply that was reserved for Protocol Owned Liquidity

  • 80% will go towards the Treasury to fund operations and the Core Contributors

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