XCORE litepaper · Option D hybrid: curve launch, 1–2% wXNT reflections, staking boost (simulation)

What XCORE is

XCORE is a trading asset: a token meant to be bought and sold on Raydium. That primary goal is Decided. The design described here, Option D, is Under consideration.

A fair-math launch

XCORE starts on a one-way bonding curve. Anyone can buy; the price follows a published formula.

Reflections in wXNT

After launch, a 1–2% tax on XCORE trades is swapped into wXNT and shared with holders.

Staking boost

Holders who stake also share Foundation XNT from X1 staking, about 80,000 XNT a day.

Option D is different from the live simulated sale on /buy (Option A, a flat bundle) and from the no-tax curve variant on /curve. See /design for the comparison.

How the launch works

XCORE launches on a one-way bonding curve priced in USDC. You send USDC to the curve and receive XCORE. There is no sell-back to the curve.

Phase 1CurveBuy-only. No tax. Price rises as supply sells.

GraduationPool seededLast curve token sells. Raydium LP seeded at the graduation price, LP burned.

Phase 2Raydium trading1–2% trading tax → wXNT reflections. Staking boost starts.

Example curve from /curve: x·y = k with virtual reserves. Price only moves up during the launch because there is no sell path.

Curve sold	Curve price	What $100 buys
0%	$0.000945	105,811 XCORE
25%	$0.001431	69,853 XCORE
50%	$0.002419	41,334 XCORE
75%	$0.004937	20,254 XCORE
100% (graduation)	$0.01512	Curve closed

Early buyers pay less: that is math, not a promise. The same $100 buys fewer XCORE as more of the curve sells. It says nothing about the price XCORE trades at on Raydium later.

Total supply: 1,000,000,000 XCORE fixed
Sold on the curve: 952,380,952 XCORE example default (20/21 of supply)
Reserved for the Raydium LP: 47,619,048 XCORE example default (1/21 of supply)
Start price: $0.000945 per XCORE example · FDV $945,000 on 1B
Graduation price: $0.01512 per XCORE last curve price = LP seed price · FDV $15,120,000 (16×)
USDC raised at graduation: $3,600,000 example · average price $0.00378
USDC into the Raydium LP: $720,000 20% of the raise, seeded with the 47.6M LP XCORE at $0.01512
Project treasury (retained): $2,880,000 80% of the raise · use and custody: open
LP tokens: Burned nobody can withdraw the pool’s liquidity
Tax during the curve: None the tax starts at graduation

Pool depth. The Raydium pool opens with about 47.6M XCORE + $720k USDC. That is a thin pool, so trades after graduation will move the price a lot. The curve itself runs 16× from start to end.

Reflections: a 1–2% tax paid out in wXNT

After graduation, every XCORE trade pays a 1–2% trading tax (the exact rate is open). The tax is swapped into wXNT on Solana and reflected pro rata to XCORE holders, paid in wXNT.

01XCORE trade on Raydium

021–2% trading tax

03Swapped into wXNT on Solana

04Reflected to XCORE holders

↻after graduation

wXNT buy pressure. Every swap of the tax into wXNT is a wXNT buy on the market, for as long as XCORE trades.
Pro rata. Your share of each payout is your XCORE ÷ all reflection-eligible XCORE. The Raydium pool and contract addresses are excluded, so with the example split the eligible supply is 1,000,000,000 − 47,619,047.62 = 952,380,952.38 XCORE.
Depends on volume. Reflections pool = tax rate × trading volume. No trades, no reflections.

Open engineering decision: Token-2022 transfer fees hit every transfer, wallet-to-wallet included. Taxing only trades needs a transfer hook or router logic. Which one is used is not decided.

Staking boost: Foundation XNT for stakers

Holders who stake XCORE also share Foundation XNT from X1 staking inflation: about 80,000 XNT per day, paid as wXNT, split pro rata among stakers only.

01X1 staking inflationnew XNT to stakers on X1

02Foundation share~80,000 XNT/day

03Paid as wXNTon Solana

04XCORE stakerspro rata to stake

Holding, not staked

Reflections

wXNT reflections from the 1–2% tax
No Foundation XNT
Free to trade any time

Staked

Reflections + staking boost

wXNT reflections (staked XCORE still counts)
A share of ~80,000 XNT/day, paid as wXNT
Lockup open: none, 7 days or 30 days

Both kinds of rewards, reflections and the staking boost, are payouts in wXNT. The more XCORE is staked in total, the smaller each staker’s share of the 80,000 XNT. The Foundation amount is a policy choice and can change.

Worked example

Example inputs, not a forecast

You hold: 1,000,000 XCORE all of it staked
Share of supply staked: 30% of the 952,380,952.38 eligible XCORE = 285,714,285.71
Daily XCORE trading volume: $1,000,000 illustration only
Trading tax: 2% top of the open 1–2% range
Foundation XNT: 80,000 XNT/day to stakers

Tax pool2% × $1,000,000 = $20,000 per dayswapped into wXNT at market
Eligible XCORE1,000,000,000 − 47,619,047.62 = 952,380,952.38Raydium pool excluded
Your reflections$20,000 × 1,000,000 ÷ 952,380,952.38 = $21 per day0.105% of the pool, paid in wXNT
Total staked30% × 952,380,952.38 = 285,714,285.71 XCOREexample
Your staking boost80,000 × 1,000,000 ÷ 285,714,285.71 = 280 XNT per daypaid as wXNT

Reflections0.105% of the tax pool$21/day of the $20,000/day pool, in wXNT

Staking boost280 XNT/dayonly because the XCORE is staked

Same holder, not staked: the same 0.105% of the tax pool, and 0 Foundation XNT. At a 1% tax the pool halves to $10,000/day, so the same 0.105% share is $10.50/day. If volume is lower, reflections are lower; if more XCORE is staked, each staker’s XNT share is smaller. No XNT price is assumed, so the staking boost is shown in XNT only.

What wXNT and X1 are

Network

X1 and XNT

X1 is a blockchain. XNT is its native token, used for gas and staking. Staking creates new XNT for stakers (staking inflation); the Foundation’s share is the source of the staking boost.

On Solana

wXNT

wXNT is wrapped XNT on Solana (Token-2022). It trades on Raydium and is the asset every XCORE payout is made in: tax reflections and the staking boost alike.

Risks

Price can fall: The curve price only rises during the launch, because there is no sell path. After graduation XCORE trades on Raydium, where the price is set by the market and can fall below the curve price, sharply.
Reflections depend on volume: Reflections are a share of trading tax. If XCORE trades little, reflections are small; with no trades there are none. The $1,000,000/day figure is an illustration.
Foundation XNT can change: The ~80,000 XNT/day staking boost is a Foundation policy choice, not a fixed obligation. It can be reduced, changed or stopped, and each staker’s share shrinks as more XCORE is staked.
Smart-contract risk: The curve, the tax logic, the staking contract, Token-2022 programs and the wXNT bridge can all have bugs or operational failures.
Lockups: If a staking lockup is chosen (7 or 30 days), staked XCORE can’t be sold during the lockup.
Regulatory: A staking reward from Foundation revenue and tax reflections both need counsel review in the Cayman Islands and beyond. Whether US persons may take part is undecided.
Simulation: This site makes no on-chain transactions. Option D is under consideration and may change or not launch.

Open parameters

Parameter	Used in this paper	Status
Trading tax rate	2% (range 1–2%)	Open
Staking lockup	None (options: none / 7d / 30d)	Open
Tax on trades only vs all transfers	Trades only (needs a transfer hook or router logic)	Open
Staking contract and operator	Not chosen	Open
Excluded addresses	Raydium pool and contract addresses	Open
Curve parameters	952.4M curve / 47.6M LP, $0.000945 → $0.01512, $3,600,000 raise; 20% of the raise into the LP	Example
Project treasury (retained USDC)	80% of the raise ($2,880,000 in the example); use and custody not decided	Open
Foundation XNT per day	~80,000 XNT	Policy, can change
US persons	n/a	Undecided
Legal structure	n/a	Needs counsel

Try it

SimulatorCurve + Option D panelOpen /curve → Design optionsOption D vs A, B, COpen /design → Live simulated saleOption A flat bundleOpen /buy →