Platform Fees & Distribution

Overview

XOX Mobile Wallet offers an extremely competitive flat fee of 0.1% on all successful orders, which is significantly lower than the current industry average (arguably around 0.10%-0.20% and as high as 0.8%).

The revenue generated is distributed to the wider XOX based on the following allocation:

• 50% Sent to the XOX Labs Treasury

• 10% Distributed among XOX Token Stakers (Native Token Of XOX Labs)

• 10% Distributed among XOX Liquidity Providers

• 10% Used to Buy Back & Burn XOX Tokens

• 10% Reward for Referral Users

• 10% Sent to the Development & Marketing Wallet

Allocation Reasoning

The priority of the XOX Labs project's revenue allocation is to be well-diversified and thoughtful, with a great mix of priorities that focus on a diverse mix of stakeholders. As such, the reason behind each of the allocation amounts are details below:

1. 50% sent to the XOX Labs Treasury: This allocation is larger as it provides funding for the project's ongoing operations, which will ensure that the platform remains sustainable and viable in the long term.

2. 10% distributed among XOX Token Stakers: This is our way to incentivize XOX token holders to hold onto their tokens and contribute to the stability of the protocol. This also provides an incentive for new users to invest in XOX tokens.

3. 10% distributed among XOX Liquidity Providers: Providing incentives to liquidity providers will ensure that there is always adequate liquidity on the platform, which is essential for a successful decentralized exchange and DeFi ecosystem.

4. 10% used to buy back & burn XOX Tokens: This allocation will boost the value of XOX tokens by reducing the circulating supply, which is beneficial for both the token holders and the project's overall market capitalization.

5. 10% reward for referral users: Providing rewards for referring new users to the platform is a great way to encourage growth and expand the user base, which is essential for the long-term success of any project.

6. 10% sent to the development & marketing wallet: This allocation is crucial as it will fund the development of new features, products, and marketing efforts that will attract new users and help the platform stay competitive.