The Distribution Process

Out of the total OXP supply, 10% amounting to 25,000,000 OXP will be distributed over a span of 12 months.

To ensure monthly airdrops, the 10% (25,000,000 OXP) is divided by 12, resulting in 2,083,333 OXP allocated per airdrop.

This number is further halved since XPUNKs and OXP holders receive separate airdrops. Hence, 2,083,333 / 2 = 1,041,667 OXP for XPUNK holders and 1,041,667 OXP for OXP holders.

The OXP Airdrop

Currently, approximately 28,000,000 OXP are in circulation. With the above calculation, holders will receive approximately 1 OXP for every 26.87 OXP they possess during the first airdrop (or 0.037 OXP per OXP token held). As the airdrops continue, more OXP will enter circulation, leading to a change in the ratio over the next 12 months.

The XPUNK Airdrop

To be eligible for upcoming XPUNK airdrops, a minimum holding of 0.1 XPUNK is required. With 5,000 tokens in total, each full XPUNK token grants its holder 208.34 OXP.

Additionally, when minting is enabled, exchanging your XPUNK token for an XPUNK NFT will still qualify you for the OXP airdrop. We will consider XPUNK NFTs as 0.5 XPUNK tokens for the airdrop calculations.

Any undistributed tokens will be allocated to the value creators section of the tokenomics.

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