What is 1xMM Token
The 1xMM token is a CCT token created to support our initiative and developments along the coming years. The token will be:
- a.Deflationary
- b.Auto-burnable
- c.Auto-exchangeable
- d.Bridgeable
1XMM Token has been issued on Ethereum; check the current allocation of tokens on our Github:
- Address:0x3279d7c7597fb48981177086C1486eF1966641b5
- Github:https://github.com/asagaia/1XMM
- Etherscan:https://etherscan.io/token/0x3279d7c7597fb48981177086C1486eF1966641b5
- Gitbook:https://asagaia.gitbook.io/documentation/1xmm-project/introduction
It will be deployed on Polygon, BSC (Binance Smart Chain), Arbitrum, TON and Solana blockchains. For TON and Solana, custom CCIPAdmins will be created to manage the cross-chain interoperability. The 1MMM token will be deployed on these blockchains in the coming months.
Token Benefits
1xMM token offers additional benefits, aside from the natural design benefits detailed above:
- 1.Dedicated 1xMM Pools
On each blockchain where 1xMM will be deployed, 1xMM Pools will be created to offer staking possibilities to users. Liquidity will be provided on the short side of the pool to pay funding rate to users taking the long positions, and favor a positive trend on the token.
- 2.Fee discounting
Users holding 1xMM will get rebate across all pools:
- Up to 40% rebate on the Minimum Fee
- Up to 35% rebate on the Holding Fee
- Up to 30% rebate on the Penalty Fee
- 3.Up to 10% buy-back every year
1xMM Yield
A dedicated 1xMM Pool will be created to manage 1xMM Yield. 1xMM Tokens will be deposited on either short or long side to track market trends and incentize 1xMM holders to hold tokens in exchange of a yield if market follows a given trend. The 1xMM Yield provides a key, innovative and attractive feature which should help to support token value in time. Since the token is deflationary, all these elements combined together will ensure strong price support in the market.
Smart Contracts
1xMM token smart contracts, for both the 1XMM token and the pools, are completed but pending to be deployed. You can learn more about our smart contract functions at
Tokenomics
Token Information
Symbol
1XMM
Total Supply
650,000,000
Private Seed
$0.025 / 1XMM
Public Seed (incl. Telegram)
$0.03 / 1XMM
Pre-Sale
$0.04 / 1XMM
Sale
$0.05 / 1XMM
Initial Market Cap
$16,250,000
Initial Circulating Supply
25%
Fully Diluted Market Cap
$32,500,000
| Symbol | 1XMM |
| Total Supply | 650,000,000 |
| Private Seed | $0.025 / 1XMM |
| Public Seed (incl. Telegram) | $0.03 / 1XMM |
| Pre-Sale | $0.04 / 1XMM |
| Sale | $0.05 / 1XMM |
| Initial Market Cap | $16,250,000 |
| Initial Circulating Supply | 25% |
| Fully Diluted Market Cap | $32,500,000 |
Token Allocation
Private Seed
1.54%
Public Seed (incl. Telegram)
3.08%
Pre-Sale
2.31%
Sale
11.15%
Ecosystem Bootstrapping
4.62%
Pools / Liquidity / Cash Mgt
75.00%
Team
2.31%
Allocation | % of Supply | Release Schedule |
|---|---|---|
Private Seed | 1.54% | Fully released at Token launch. Vesting 2M - then linear vesting 6M. |
Public Seed (incl. Telegram) | 3.08% | Fully released at Token launch. |
Pre-Sale | 2.31% | N/A |
Sale | 11.15% | N/A |
Ecosystem Bootstrapping | 4.62% | Cliff 2M (excl. Telegram). No vesting. |
Pools / Liquidity / Cash Mgt | 75.00% |
|
Team | 2.31% | Cliff 2M. Vesting 6M. |
Token Distribution
Private Seed
Fully released at Token launch. Vesting 2M - then linear vesting 6M.
Airdrop / Public Seed
Bonus Purchase Allocation
Up to 20 million 1XMM Tokens available for bonus purchases
Allocation Progress
0 / 20,000,000 Tokens
One 1XMM Token per 2 Telegram stars spent in bonuses
Ranking Rewards
Up to 15 million 1XMM Tokens distributed based on user rankings
Minimum 600,000 Tokens guaranteed for top 3 users
Top 3
600,000 Tokens each
Top 10
300,000 Tokens each
Top 100
50,000 Tokens each
The final distribution of tokens will be adjusted based on the total number of participants to ensure fair allocation while maintaining the guaranteed minimums for top performers.
Admin / Infra.
30.6%
IT Dev.
28.2%
Marketing & Comm.
23.5%
Legal / Opex
17.6%
Pool Liquidity / Trading
40.3%
Legal / Opex
13.5%
IT Dev.
33.9%
Marketing & Comm.
12.3%