(v2) CogniXphere Documentation
GeneralTechnologyTokenomicsAbout
  • 💌Welcome to CogniXphere
  • General
    • 💡What is CogniXphere
    • 🤖What is Axon
      • 🔅Highlights of Axon
      • 👑What Makes Axon Distinguished
    • 🔮What is Axonverse
      • 🪄Create Axon
      • 💬Chat with Axon
    • 🫂What is Axon Edge
      • 💻Workflow
      • 🌐Data Network
    • 💸AI UGC Economy
  • Technology
    • 💻Technological Infrastructure
    • ⚒️Our Enhancements and Implementations
    • 💪Competitive Landscape
  • Tokenomics
    • 💎$FLOQ
      • 🏦Treasury and Transaction Tax
    • 🪙$XPH
      • ⏲️Allocation & Vesting Plan
    • 🖼️NFTs
  • About
    • Team
    • Investors & Backers
    • Roadmap
    • FAQ
    • Press Kit
    • CogniXphere Linktree
    • Terms of Use, Privacy & Legal
      • Terms of Use for Cognixphere AI Platform
      • Privacy Policy for Cognixphere AI Platform
      • Data Processing Agreement (DPA) for Cognixphere AI Platform
    • Disclaimer
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  1. Tokenomics
  2. $FLOQ

Treasury and Transaction Tax

The Treasury is utilized to maintain equilibrium in the $FLOQ cycle.

Previous$FLOQNext$XPH

Last updated 1 year ago

Upon players depositing into the Wallet, the $FLOQ tokens utilized for interactions with Axon are transferred to the Treasury address for centralized management. The detailed allocation guidelines are as follows:

  • Burn 50%;

  • Airdrop 5%;

  • $XPH Staking Rewards 45%.

$FLOQ symbolizes the value of computing power within the system. Beyond initial creation and distribution, every transfer of $FLOQ between users results in a 15% reduction in computing power.

The transaction tax part will be transferred to the Treasury for unified burning and redistribution.

As the core value unit of the system, $FLOQ will be continuously produced and destroyed for users to maintain circulation and price stability.

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