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X2Y2The Sunset of X2Y2
To our incredible X2Y2 community, Three years ago, on February 6, 2022, we launched the beta of X2Y2 with all of you by our side. What a ride it's been. Together, we built something extraordinary—peaking as the 2nd largest NFT marketplace behind OpenSea, racking up $5.6 billion in all-time trading volume, and even today, holding strong as the 3rd largest in the game (via TokenTerminal). I look back on those wild days—the highs of the NFT boom, the lows of its fade—with nothing but gratit...
X2Y2About X2Y2 staking rewards
Around two hours ago, the X2Y2 staking halving kicked in on block #14408224, and we noticed the APR dropped from ~1000% to ~160%, much lower than the expected 500%. After investigating the issue further, we discovered that a mistake was made in setting the initial parameters of the staking rewards contract.The first table shows the planned distribution of tokens while the second table shows how they were actually distributed as a result of the error. The error resulted in per stage having ins...
X2Y2X2Y2 Pro Partners with MARBLEX and Support Klaytn Network
X2Y2 Pro is pleased to announce a strategic partnership with MARBLEX, the blockchain subsidiary of Netmarble Corp. X2Y2 Pro is pleased to announce that it will support the Klaytn network and will officially handle and become the preferred marketplace for MARBLEX's second NFT collection(https://medium.com/marblex/ann-revealing-of-marblership-lunar-animals-269ad0a26b77 ), "Marblership Lunar Animals," scheduled for release in March 2024. MARBLEX Playground is a user-friendly ecosystem that ...
X2Y2The Sunset of X2Y2
To our incredible X2Y2 community, Three years ago, on February 6, 2022, we launched the beta of X2Y2 with all of you by our side. What a ride it's been. Together, we built something extraordinary—peaking as the 2nd largest NFT marketplace behind OpenSea, racking up $5.6 billion in all-time trading volume, and even today, holding strong as the 3rd largest in the game (via TokenTerminal). I look back on those wild days—the highs of the NFT boom, the lows of its fade—with nothing but gratit...
X2Y2About X2Y2 staking rewards
Around two hours ago, the X2Y2 staking halving kicked in on block #14408224, and we noticed the APR dropped from ~1000% to ~160%, much lower than the expected 500%. After investigating the issue further, we discovered that a mistake was made in setting the initial parameters of the staking rewards contract.The first table shows the planned distribution of tokens while the second table shows how they were actually distributed as a result of the error. The error resulted in per stage having ins...
X2Y2X2Y2 Pro Partners with MARBLEX and Support Klaytn Network
X2Y2 Pro is pleased to announce a strategic partnership with MARBLEX, the blockchain subsidiary of Netmarble Corp. X2Y2 Pro is pleased to announce that it will support the Klaytn network and will officially handle and become the preferred marketplace for MARBLEX's second NFT collection(https://medium.com/marblex/ann-revealing-of-marblership-lunar-animals-269ad0a26b77 ), "Marblership Lunar Animals," scheduled for release in March 2024. MARBLEX Playground is a user-friendly ecosystem that ...
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Following the change in emissions after the first halving, we would like to present a clear and up-to-date account of X2Y2’s circulating supply.
The numbers below are matched with the numbers of the addresses in the image above.
NFT Listing Rewards contract: 172.22M X2Y2. These tokens were pre-minted to serve as listing rewards, and are not currently tradable. To date, 7.3M have been distributed, while 11M tokens were unallocated as there were not enough listings to claim them; these will be burned.
Staking Rewards contract: 132.77M X2Y2. These tokens are staked by individual holders; they are unlocked and tradable.
Unclaimed X2Y2 airdrop: 92.00M X2Y2. From a starting allocation of 120M tokens to be airdropped at the launch of the project, 77% remain unclaimed. For more detail, see Dune Analytics. We will be changing the requirements for claiming the airdrop. New rules will be based on listing rewards V2. Old rules such as listing 5 collections or 50 NFTs will no longer be required.
Reward Forwarder contract: 78.40M X2Y2. This smart contract is what we use to burn the unallocated Listing Rewards. Tokens will flow to this smart contract before being diverted to either the burn address 0x…dead or the Listing Rewards contract (1).
X2Y2 Treasury: 56.49M X2Y2. All tokens are currently locked. The first tranche will unlock on day 90, and will be used in support of the project, details of which will be provided to the community. See the emission schedule here.
X2Y2 Team: 56.49M X2Y2. All tokens are currently locked. The first tranche will unlock on day 180. See the emission schedule here.
Uniswap AMM contract: 16.94M X2Y2. Tokens supplied as liquidity on Uniswap.
ILO contract: 14.43M X2Y2. These tokens will be unlocked and distributed linearly across the first 360 days.
X2Y2 Safe Multisig wallet: 5.00M X2Y2. These tokens were originally earmarked for LP staking, but since that has proven unnecessary, they will be burned along with those from (1).
Token Splitter contract: 1.39M X2Y2. This contract is in charge of minting X2Y2 and distributing them to other contracts.
At the time of writing, the circulating supply is effectively the sum of (2) and (7) above, i.e. approximately 149.7M x2y2
Approximately 16M x2y2 will be burned, representing more than 10% of the circulating supply.
We’ll announce the date for the X2Y2 token burning event soon.
Following the change in emissions after the first halving, we would like to present a clear and up-to-date account of X2Y2’s circulating supply.
The numbers below are matched with the numbers of the addresses in the image above.
NFT Listing Rewards contract: 172.22M X2Y2. These tokens were pre-minted to serve as listing rewards, and are not currently tradable. To date, 7.3M have been distributed, while 11M tokens were unallocated as there were not enough listings to claim them; these will be burned.
Staking Rewards contract: 132.77M X2Y2. These tokens are staked by individual holders; they are unlocked and tradable.
Unclaimed X2Y2 airdrop: 92.00M X2Y2. From a starting allocation of 120M tokens to be airdropped at the launch of the project, 77% remain unclaimed. For more detail, see Dune Analytics. We will be changing the requirements for claiming the airdrop. New rules will be based on listing rewards V2. Old rules such as listing 5 collections or 50 NFTs will no longer be required.
Reward Forwarder contract: 78.40M X2Y2. This smart contract is what we use to burn the unallocated Listing Rewards. Tokens will flow to this smart contract before being diverted to either the burn address 0x…dead or the Listing Rewards contract (1).
X2Y2 Treasury: 56.49M X2Y2. All tokens are currently locked. The first tranche will unlock on day 90, and will be used in support of the project, details of which will be provided to the community. See the emission schedule here.
X2Y2 Team: 56.49M X2Y2. All tokens are currently locked. The first tranche will unlock on day 180. See the emission schedule here.
Uniswap AMM contract: 16.94M X2Y2. Tokens supplied as liquidity on Uniswap.
ILO contract: 14.43M X2Y2. These tokens will be unlocked and distributed linearly across the first 360 days.
X2Y2 Safe Multisig wallet: 5.00M X2Y2. These tokens were originally earmarked for LP staking, but since that has proven unnecessary, they will be burned along with those from (1).
Token Splitter contract: 1.39M X2Y2. This contract is in charge of minting X2Y2 and distributing them to other contracts.
At the time of writing, the circulating supply is effectively the sum of (2) and (7) above, i.e. approximately 149.7M x2y2
Approximately 16M x2y2 will be burned, representing more than 10% of the circulating supply.
We’ll announce the date for the X2Y2 token burning event soon.
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