Extended Sets XTEN Supply at 1 Billion With a 12-Month Cliff

Extended’s XTEN token plan caps supply at 1 billion and sets a 12-month cliff for founders, team members and investors, with about 32.9% scheduled to unlock at TGE and free float capped at 30%.

The full supply was minted at genesis, and the cap cannot be increased. Extended had previously designated 300 million XTEN, or 30% of planned supply, for eligible Extended Points participants in its earlier issuance plan. Of the community allocation, 17,384,355 XTEN went to X10 Ltd.’s internal market-making desk under the points rules, and X10 Ltd. owns those tokens.

The scheduled release at TGE is about 32.9% of total supply. Of the 50 million XTEN assigned to an ecosystem fund, 28,589,286 are set to unlock at TGE and remain in a public wallet until a deployment is announced.

Another 150 million XTEN make up an emissions reserve and are the sole source of staking rewards. Emissions will stop once that reserve is depleted. The reserve and the ecosystem fund together account for 200 million XTEN allocated to the ecosystem.

Founders, the team and investors received 500 million XTEN combined. None of those tokens unlocks before the 12-month cliff ends. Founder and team allocations then vest in 36 equal monthly installments from month 13 through month 48. Investors unlock 25% at month 12, with the rest released in equal monthly installments through month 48.

Staking is scheduled to begin at TGE, with League tiers starting at 500 XTEN. Staked balances determine fee discounts, Vault extra-yield multipliers, deposit limits and affiliate-sharing multipliers. Fee discounts range from 5% at Pawn tier to 30% at King. Unstaking uses a seven-day queue; tokens waiting in the queue earn no rewards and do not count toward a tier.

Airdrop recipients must sign terms in the app. Extended has not announced the signing window, and allocations not accepted before it closes will move to the ecosystem fund. XTEN spot trading will not be available to European Union users when trading launches on Extended, although European Points holders can claim, hold, stake and transfer the token.

Extended has not announced the TGE date, claim window or emissions schedule; it plans to provide those details separately.