Introduction

Tokenomics refers to the economic design of a cryptocurrency or token, including how it is created, distributed, and used within its ecosystem. Key aspects include:

• the maximum supply (the total number of coins that can ever exist)
• the circulating supply (coins currently available to the public)
• the emission schedule (the rate at which new coins are generated),
• and the inflation rate (how supply grows relative to what is already in circulation).

Specifications

XELIS (XEL) features a fixed maximum supply of 18.4 million XEL, emphasizing scarcity and long-term value. Unlike cryptocurrencies that use halving schedules, XELIS distributes mining rewards dynamically—each block starts at approximately 1.41 XEL and gradually decreases based on its current supply and a consistent emission speed factor of 20.

Additionally, the mining reward may vary due to the blockDAG architecture; specifically, rewards can drop to as low as 5% or up to 30% of the initial block reward depending on the frequency of side blocks at the same height.

This design leads to a smoothly asymptotic emission curve.