Updated XRT distribution plan available at https://robonomics.network/community#token
The previous Distribution Plan was released by Robonomics developers DAO back in September 2020. It covered a broad vision of the further migration to the Polkadot ecosystem. We find it necessary to provide the community with the updated version of the XRT Distribution Plan for Q2 2021 - Q1 2022 && 2022+
The article split into three stages:
Past (includes an overview of the XRT distribution from Q1 2020 to Q1 2021);
Present (covers the current XRT distribution Q2 2021 - Q1 2022);
Future (elaborates the future of Robonomics in the Interoperability era 2022+).
During the Q1 2020 - Q1 2021 period, XRT circulation consists of 1,268,496 XRT.
Let’s go through each variable:
AIRA -> XRT holders swapped 686,640 out of 1,000,000 using the alembic smart contract;
Robonomics developers DAO distributed 206,696 XRT to the community members via incentive programs:
Liquidity providers incentive program on Uniswap & Pancakeswap;
Robonomics Parachain collators reward program;
Big bag sales.
Robonomics core developers grants for the period 2019 - Q1 2021 consists of 61,800 XRT.
7,000,000 XRT locked until Robonomics developers DAO will merge tokenomics on Ethereum and Kusama.
Up to 502,000 XRT will be added to the circulation supply during the Q2 2021 - Q1 2022:
Robonomics developers DAO (up to 370,000 XRT);
Inflation (up to 132,100 XRT).
50% tokens (865,752) will migrate to Robonomics Parachain DAO Treasury after securing the Kusama parachain slot;
Robonomics developers DAO will seal 495,752 XRT until the Interoperability era (2022+);
Up to 100,000 XRT, depending on the market conditions, will be offered to Kusama holders during the Parachain Lease Offering event;
Robonomics DAO allocated up to 85,000 XRT for core Robonomics developers grants during Q2 2021 - Q1 2022, more about the roadmap;
Robonomics DAO allocated up to 85,000 XRT for Q2 2021 - Q1 2022 community events that include:
“Parachain is live” public sale will offer 50,000 XRT. The sale will be structured as a Dutch auction; collected funds will go to Robonomics developers DAO Kusama treasury;
“Big Bag” private sales for smart-money investors, who will contribute to different aspects of the Robonomics growth.
Robonomics in Ethereum allows the mining of XRT tokens; core Robonomics developers expect around 100 XRT minted as a reward for liability contracts oracles;
Robonomics Parachain XRT stakers will earn up to 120,000 XRT freshly minted tokens during Q2 2021 - Q1 2022;
Parachain collators will participate in the distribution of 12,000 XRT for maintaining their nodes during the first year.
When Kusama & Ethereum bridges become stable & reliable, Robonomics Developers DAO will merge the tokenomics and enter the Interoperability era of Robonomics.
Total circulation will increase by approximately 502,100 XRT, released by Robonomics developers DAO during Q2 2021 - Q1 2022. Thus, a new total expected XRT circulation is 1,770,596 XRT;
After entering into the Interoperability era of Robonomics, developers DAO will start a Democracy burn event. During it, XRT token holders will decide the exact amount out of locked 7,000,000 XRT to be burned and offered on Interoperability Dutch auction;
Core developers DAO treasury on Ethereum will have access to previously sealed 495,752 XRT;
Robonomics Relay chain validators && collators will share the 1,000,000 XRT inflation as incentives;
Robonomics developers DAO estimate that 10,000 XRT will be minted in Ethereum within 1st year after Ethereum 2.0 launch as a reward for liability contracts oracles.