seaprotocol Profile picture
Oct 22 7 tweets 3 min read
0/ XEN is a groundbreaking token experiment that represents the core idea of decentralization: fairness, openness, and permissionless.
Here is the thread 🧵
#XEN #Aptos #SeaProtocol #countdown
1/n To make XEN better and fairer, we released XEN on Aptos with some improvements:
2/n Limit the maximum circulation; when supply > 1Billion, the output coefficient decreases sharply; when the issuance > 2Billion, stop mint;
3/n In order to increase the cost of Sybil attack, each address can only be mint once
4/n The time factor has been adjusted from the original maximum value of 3000 to 20, which is reduced by 0.1 per day; this improvement greatly improves the fairness and makes the distribution of XEN more even;
5/n The stake interest rate is adjusted every 9 days, the highest APY remains unchanged, 20%; the lowest APY is adjusted from 2% to 0.2%;
n/n XEN is an important part of #Aptos ecology and #SeaProtocol ecology.
We look forward to launching #XEN in Aptos in the next 48 hours.
Be ready and join us to #BUIDL
@AptosFoundation @AptosInsights @AptosEcosystems

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