IDAnomics

Tokenomics to fuel the Xidar ecosystem

Max Supply : 240,000,000 IDA Tokens

Private Sales

Ecosystem Rewards

Liquidity

Team & Advisors

Treasury

Marketing

Tech. & Dev.

Private Sales

A total of 15.6 million IDA tokens, 6.5% of the total supply, have been allocated to attract venture capitalists (VCs) and private investors into Xidar through over-the-counter (OTC) deals. The Xidar team will do its best to be as transparent as possible with these deals. However, due to their confidential nature, specific details of the deals may not be made public. It is to be noted that OTC transactions are NOT intended to sell IDA at a highly discounted price, but rather to offer a competitive price to investors who are ready to commit with Xidar. Moreover, exclusive investment rounds will be offered to members of the Xidar community. Further information regarding these IDA sales and their favorable terms will be communicated at appropriate time.

Ecosystem / Community Rewards

A significant allocation of 96 million IDA tokens, representing 40% of the total supply, has been designated to fuel Xidar’s products and establish IDA as the utility token for the project, while also rewarding its users. The Xidar team strongly believes that the majority of IDA tokens should be held by the community and is committed to limiting the concentration of IDA in the hands of a few individuals or entities as much as possible. The ecosystem allocation will be utilized to reward loyal members who actively participate in the investment DAO as users and/or governors, stake with the Xidar node, use the Xidar wallet, contribute to the EZ dAPP creator as creators and/or users, identify and rectify bugs and/or erroneous information on Xidar’s products and website, among other activities that demonstrate a commitment to the growth and development of the project.

Liquidity

16.8 million IDA tokens, representing 7% of the total supply, have been earmarked to provide liquidity to various decentralized exchanges (DEX), centralized exchanges (CEX), liquidity providers (LPs), and any other liquidity requirements. Additionally, these funds will also be utilized to finance listings and other financial agreements with gateway platforms and third-party financial services.

Team & Advisors

A total of 32.4 million IDA tokens, being 13.5% of the total supply, will be allocated for distribution among the team and advisors of Xidar.

The Xidar founders, Cédric and Rémy have a proven track record of heavy involvement and commitment to Xidar and Radix for many years already. Therefore, their tokens will not be subject to any cliff but a 12-month vesting period will apply.

All other team members, however, will be subject to a 6-month cliff period followed by a 12-month linear vesting period, which will begin on their official start date.

Similarly, advisors will not be subject to a cliff period but will have a 12-month linear vesting period starting from their official start date.

Treasury

A total of 14.4 million IDA tokens, accounting for 6% of the total supply, have been allocated to serve as treasury reserves. These tokens will be utilized to cover all expenses associated with Xidar that are not related to marketing, technical development or design. The Xidar team intends to exercise financial prudence and limit expenditure from this allocation to only essential requirements. Additionally, the team plans to utilize this allocation to support and stabilize Xidar’s activities over a period of ten years, beginning in May 2023, if necessary. Any remaining funds will be burnt following the expiration of this ten-year period.

Marketing

A total of 28.8 million IDA tokens, representing 12% of the total supply, have been allocated for marketing activities aimed at promoting Xidar and its products and services. These funds will be utilized to conduct campaigns across various social media platforms, including Twitter and Telegram, partner with relevant influencers and community members and projects, finance digital and physical advertisements, representing Xidar in major crypto events, buying promotional merchandise, etc.

Tech. & Dev.

36.6 million IDA tokens, representing 15% of the total supply, will be specifically allocated to support the technical development of Xidar products and services. These tokens will be utilized to further enhance, expand and optimize our vision. The allocation will encompass all aspects of product development, including, but not limited to, design, development, consulting, tools, and infrastructure costs.

Disclaimer

The maximum token supply is immutable and cannot be increased. However, there is a possibility that it may be decreased in the future if the decision is made to reduce some of the IDA allocations, especially in the event of an extreme price surge. Additionally, we retain the prerogative to modify the aforementioned allocations if the project team deems it necessary for the best interests of the project and the community/users.

Xidar