Tokenomics

Tokenomics of GLXYC

A Comprehensive Breakdown

The tokenomics of GLXYC (Galaxy Coin) are carefully designed to support the long-term growth, utility, and adoption of the XSPACE Protocol. With a fixed supply of 1 billion tokens, the model integrates sustainability, community incentives, and scalability while balancing the needs of all ecosystem participants.


1. Total Token Supply

  • 1 Billion GLXYC Tokens (Fixed Supply) The total supply of GLXYC is capped at 1 billion tokens, ensuring scarcity and value appreciation as adoption grows. No new tokens will be minted, adhering to a deflationary model supported by token-burning mechanisms.


2. Allocation Breakdown

The distribution of GLXYC is structured to incentivize early adoption, ecosystem development, and sustainable operations.

Category

Allocation

Purpose

Ecosystem Development

30% (300M)

Funding partnerships, developer grants, and dApp incentives.

Staking Rewards

20% (200M)

Incentives for validators and delegators securing the network.

Team and Advisors

20% (200M)

Vesting schedule ensures alignment with long-term growth.

Liquidity Provisioning

10% (100M)

Ensures market liquidity across centralized and decentralized exchanges.

Public Sale & Adoption

20% (200M)

Early investor allocations and public sales to drive community adoption.


3. Token Utility

GLXYC serves as the backbone of the XSPACE ecosystem, enabling a wide range of use cases across real-world asset tokenization, decentralized finance (DeFi), and governance.

3.1 Transaction Medium

  • GLXYC is used to pay for transaction fees across the XSPACE network, including tokenization, asset trading, and smart contract execution.

  • Example: Tokenizing a property or transferring tokenized gold incurs a small fee in GLXYC.

3.2 Governance

  • GLXYC powers the Decentralized Autonomous Organization (DAO) governance model.

  • Token holders can propose and vote on protocol upgrades, fee structures, and ecosystem development initiatives.

  • Weighted voting ensures proportional influence based on token holdings or staking levels.

3.3 Staking and Rewards

  • Validators stake GLXYC to secure the network and validate transactions, earning rewards for their participation.

  • Delegators (non-validator token holders) can stake their GLXYC by delegating it to trusted validators and earn a share of the rewards.

3.4 Real-World Applications

  • Within Galaxy City, GLXYC acts as a digital currency for:

    • Payments (e.g., utilities, taxes, retail purchases).

    • Investments in tokenized infrastructure (e.g., renewable energy, real estate).

3.5 DeFi Integration

  • GLXYC can be:

    • Staked in liquidity pools for yield farming.

    • Used as collateral for loans in DeFi applications.

    • Traded on both centralized (VALDA CEX) and decentralized exchanges (VALDA DEX).


4. Vesting and Release Schedule

To prevent market volatility and ensure stability, vesting schedules apply to all major allocations.

4.1 Public Sale and SAFT Investors

  • 20% (200M tokens) allocated for public sales and early investors.

  • Structured release post-Mainnet launch:

    • Two-Year Lockup: No tokens released during the first two years after Mainnet launch.

    • Gradual Release Over Three Years:

      • Year 1: 10% of allocated tokens released quarterly.

      • Year 2: 7.5% released quarterly.

      • Year 3: 5% released quarterly.

4.2 Team and Advisors

  • 20% (200M tokens) allocated to founding team and advisors.

  • Vesting begins one year post-Mainnet launch and extends over five years.

    • Year 1: 10% released.

    • Subsequent Years: 22.5% released annually.

4.3 Staking Rewards

  • 20% (200M tokens) allocated for staking rewards, distributed dynamically:

    • Higher rewards in early years to incentivize network security and validator participation.

    • Gradual reduction over time to align with ecosystem maturity.

4.4 Ecosystem Development

  • 30% (300M tokens) allocated to partnerships, grants, and ecosystem growth, released based on milestones:

    • Developer incentives for building dApps and integrations.

    • Enterprise partnerships for tokenizing new asset classes.


5. Deflationary Mechanisms

To ensure scarcity and long-term value growth, GLXYC employs multiple deflationary mechanisms:

5.1 Transaction Fee Burning

  • A portion of transaction fees (e.g., token transfers, asset tokenization) is burned, permanently reducing the circulating supply.

5.2 Governance-Directed Burn Events

  • The XSPACE DAO can vote on additional token burns based on community consensus, such as burning excess supply from unused allocations.

5.3 Market-Driven Scarcity

  • As adoption grows and GLXYC is used for staking, payments, and investments, the circulating supply decreases, driving demand and scarcity.


6. Market Liquidity

To ensure smooth trading and adoption, 10% (100M tokens) of GLXYC is allocated for liquidity provisioning:

Centralized Exchange (CEX) Liquidity

  • GLXYC will be listed on major CEXs (e.g., Binance, Coinbase) with sufficient liquidity to support high-frequency trading and fiat onboarding.

Decentralized Exchange (DEX) Liquidity

  • Liquidity pools on VALDA DEX and other DEXs (e.g., Uniswap, PancakeSwap) allow users to trade GLXYC and earn rewards by providing liquidity.


7. Growth Projections

Based on the tokenomics model and adoption milestones, GLXYC is positioned to grow significantly as the XSPACE ecosystem expands:

Year

Supply in Circulation

Adoption Drivers

2025

~20% (200M)

Mainnet launch, early staking, and initial ecosystem use.

2026

~40% (400M)

DeFi integrations, Galaxy City operations.

2028

~70% (700M)

Global expansion, enterprise tokenization projects.

2030

~85% (850M)

Mass adoption, cross-chain interoperability, smart cities.


8. Summary of Tokenomics

GLXYC is designed to be the driving force of the XSPACE ecosystem, enabling utility, governance, and growth through sustainable tokenomics. By combining a fixed supply, structured vesting, and deflationary mechanisms, GLXYC ensures long-term value for investors, developers, and ecosystem participants.

Tokenomics Timeline with 2025 Start

The tokenomics and launch timeline for GLXYC (Galaxy Coin) has been adjusted to reflect a start date in 2025, ensuring alignment with the updated development schedule. Below is the revised pricing and rollout structure, beginning in 2025.


1. Total Token Supply

  • Fixed Cap: 1 billion GLXYC tokens.

  • Deflationary Model: No additional tokens will be minted, and a portion of transaction fees will be burned, reducing supply over time.


2. Token Sale and Pricing Breakdown

The token sale begins with the SAFT stage in 2025, gradually increasing the token price through subsequent sale rounds. This incentivizes early participation while reflecting the protocol's growing value as development progresses.

Stage

Period

Duration

Price/Token (USD)

Focus

Early Investor

Q1 2025

3 weeks

$0.03

Initial funding for foundational setup.

Pre-Sale

Q2 2025

3 weeks

$0.05

Refining Testnet and validator onboarding.

Private Sale

Q3 2025

4 weeks

$0.07

Scaling validator operations.

Public Pre-Sale

Q4 2025

5 weeks

$0.09

Enhancing user accessibility.

Launch Price

Q1 2026

Ongoing

$0.12+ (Dynamic)

Supply-demand dynamics post-Mainnet.


3. Allocation Breakdown

The allocation structure remains consistent to ensure sustainable growth, ecosystem development, and incentives for all participants.

Category

Allocation

Purpose

Ecosystem Development

30% (300M)

Grants, partnerships, and dApp incentives.

Staking Rewards

20% (200M)

Validator and delegator incentives to secure the network.

Team and Advisors

20% (200M)

Vesting schedule aligns with long-term goals.

Liquidity Provisioning

10% (100M)

Ensures liquidity on centralized and decentralized exchanges.

Public Sale

20% (200M)

Distributed across all sale stages, driving community adoption.


4. Updated Vesting and Release Schedule

The vesting schedule aligns with the updated 2025 timeline, ensuring market stability and long-term alignment of all stakeholders.

4.1 SAFT and Public Sale Tokens

  • Lock-Up Period: Tokens sold during the SAFT and early public sales will have a 2-year vesting period post-Mainnet launch (2026).

  • Release Schedule:

    • Year 1 (2026): 10% of tokens unlocked each quarter.

    • Year 2 (2027): 7.5% unlocked each quarter.

    • Year 3 (2028): 5% unlocked each quarter.

4.2 Team and Advisors

  • Vesting Period: Tokens allocated to the team and advisors will vest over 5 years, starting one year post-Mainnet launch in 2026.

    • Year 1 (2027): 10% released.

    • Subsequent Years: 22.5% released annually.

4.3 Staking and Ecosystem

  • Dynamic Distribution:

    • High staking rewards during the first 2 years (2026-2028) to bootstrap network security.

    • Gradual reduction in rewards as adoption scales and network participation stabilizes.


5. Token Utility

5.1 Core Network Functions

  • Transaction Fees: GLXYC is used to pay for gas fees, tokenization, and smart contract execution.

  • Governance: GLXYC holders participate in on-chain governance to vote on protocol upgrades and Galaxy City policies.

  • Staking: Validators and delegators secure the network by staking GLXYC, earning rewards proportional to their contributions.

5.2 Ecosystem Integration

  • Real-World Use: Residents in Galaxy City will use GLXYC for utilities, taxes, and other services.

  • DeFi Applications: GLXYC will be staked in liquidity pools, used as collateral for loans, and traded on VALDA CEX and DEX.

5.3 Deflationary Mechanisms

  • A portion of transaction fees is burned to ensure scarcity and incentivize long-term holding.


6. Adoption Timeline

Year

Circulating Supply

Adoption Driver

2025

~10% (100M)

SAFT and pre-sale phases.

2026

~20% (200M)

Mainnet launch, validator activity, staking.

2027

~50% (500M)

DeFi expansion and Galaxy City operations.

2028

~70% (700M)

Smart city network and global partnerships.

2030

~85% (850M)

Mass adoption and widespread RWA tokenization.


7. Growth Projections

Short-Term (2025-2026):

  • Focus: Launch Mainnet, onboard validators, and establish Galaxy City as a proof-of-concept.

  • Adoption Drivers: Initial staking rewards, tokenized real estate, and commodities trading.

Mid-Term (2027-2028):

  • Focus: Expand the ecosystem to other smart cities, scale DeFi integrations, and tokenize new asset classes (e.g., luxury goods, energy markets).

  • Adoption Drivers: Institutional partnerships, enterprise tokenization, and cross-chain liquidity.

Long-Term (2029 and Beyond):

  • Focus: Create a global smart city network, achieve mass adoption of RWA tokenization, and set global tokenization standards.

  • Adoption Drivers: Interconnected DAOs, universal compliance, and scalable infrastructure.

Last updated