🚀 ExSat Mainnet Launch Set For October 23 With Fair Token Distribution
#ExSat #MainnetLaunch #TokenDistribution #GovernanceToken #XSAT #BTCMining #Tokenomics #HalvingMechanism #NodeManagement #CommunityContribution
According to BlockBeats, the large-scale BTC infrastructure project exSat is scheduled to launch its mainnet on October 23. The exSat project team has adopted a fair launch token issuance method. Alongside the mainnet launch, the governance token XSAT will be released in sync with BTC mining, with no pre-mining or team reserves.
The official whitepaper states that a total of 21 million tokens will be released, with each BTC block producing 50 XSAT tokens. Additionally, exSat's tokenomics incorporate a halving mechanism, reducing the token output by half every 210,000 blocks.
The exSat Foundation will receive node-donated tokens through a Donation method, which will be recorded in a smart contract, introducing a new node management model. Internal sources reveal that the Donation ratio can be set by nodes between 10% and 30%, directly reflecting on the mainnet's community contribution value.#ExSat #MainnetLaunch #TokenDistribution #GovernanceToken #XSAT #BTCMining #Tokenomics #HalvingMechanism #NodeManagement #CommunityContribution