XCN
Onyxcoin (XCN) is the decentralised governance and utility token of Onyx.
XCN holders can stake, vote, and pay for services on Onyx.
Distribution
Circulating supply of XCN
30,401,561,043
Total supply of XCN
48,402,437,326
Treasury
amount
13,200,000,146 XCN
Details:
The Onyx DAO was granted 15 billion XCN to utilize on advancing blockchain and web3 initiatives to create open finance opportunities via the Onyx Protocol. They are locked inside a time lock smart contract with monthly releases of 200,000,000 XCN per month.
DAO
amount
4,800,876,136
Details:
The DAO Treasury allocation is under the control of Onyx Governance Stakers who control these funds through community driven initiatives. The monthly budget passed on the last community constitution is 200,000,000 XCN