Tokenomics
Max supply
XELIS has a fixed maximum supply of 18.4M XEL.
Mining reward
Mining block starts at around ~1.41 XEL and decreases each subsequent block. This reduction isn't based on halving logic but rather on the supply and emission factor of 20.
Based on how the DAG react, your reward can be lower due to side blocks, this would give you minimum 5% and maximum 30% of initial reward based on the count of side blocks at same height.
Code logic for block reward (opens in a new tab)
Code logic for side blocks (opens in a new tab)
Estimated circulating supply
| Year | Supply | Mined |
|---|---|---|
| 2025 Q2 | 2,831,232 | 15.39% |
| 2026 Q2 | 5,226,818 | 28.41% |
| 2027 Q2 | 7,253,792 | 39.42% |
| 2028 Q2 | 8,968,873 | 48.74% |
| 2029 Q2 | 10,420,052 | 56.63% |
| 2030 Q2 | 11,647,936 | 63.30% |
| 2031 Q2 | 12,686,885 | 68.95% |
| 2032 Q2 | 13,565,969 | 73.73% |
| 2033 Q2 | 14,309,787 | 77.77% |
| 2034 Q2 | 14,939,153 | 81.19% |
| 2035 Q2 | 15,471,678 | 84.09% |
| 2036 Q2 | 15,922,262 | 86.53% |
| 2037 Q2 | 16,303,515 | 88.61% |
| _ | _ | _ |
| 2045 Q2 | 17,749,051 | 96.46% |
| _ | _ | _ |
| 2074 Q2 | 18,394,880 | 99.97% |
Note: This table does not account for side blocks. As a result, the max supply may reach the 18.4M limit slightly sooner than expected.
Supply emission (Simulation) (opens in a new tab)
Supply pretty chart (opens in a new tab)