This page gives an overview of Tixl’s business model, describes TXL’s advantages and use cases as well as covers supplies, token locks and tokenomics. In case you want to find out the current or historic price of TXL, please use CoinMarketCap or CoinGecko for that.
Both the Cross-Chain Bridge as well as Tixl's Autobahn Network create value for the Tixl Token TXL.
In the Cross-Chain Bridge, 15% of all bridging fees are already utilized to Buy-Back-and-Burn TXL. This makes the token deflationary. Bridge network governance will be introduced to add a governance use-case.
Within the Autobahn Network, TXL can be staked to earn from each transaction. In addition, the TXL Stakers participate in governance.
The circulating supply for TXL can be defined as all tokens which are not in the hands of the Tixl organization and all tokens which are not time-locked in smart contracts. The corresponding time-lock contracts will be deployed and made open source soon.
Most of our not yet circulating supply is time-locked. Having a long-term vision and goal, all future tokens will only be released slowly.The founder wallets are fully locked until mid of 2021. Thereafter, only 1% being released monthly until 2029.Other future tokens will also be time-locked to avoid high inflation. A maximum of 20,000,000 TXL shall be added to circulation each year starting 2021. The smart contracts will be deployed soon.
Tokenomics Pie Chart
The following pie chart shows the detailed TXL tokenomics. Use the dropdown to switch between different modes:
Future Use Only
Connecting all blockchains with smart bridging technologies & one scaling solution for all networks.