X1 Testnet XNT: —X1MERA: —
x1mera

Create state.
Mint Core.

Create a Core, develop it through Splice and choose your path into the X1MERA economy.

No premineNo privileged allocationOn-chain state
Launch profileE0
Core L1 · M010 X1MERA
Protocol fee0 XNT
Base Incubate APR10.00%
Next epoch—
Metamorph range100 - 10,000 X1MERA
Metamorph requiresX1MERA burn + Core L1
Epoch length180 d
Next nominal change—
E0 / E10

Reviewed launch profile. On-chain state will appear after deployment.

Core asset L1Nom. 10 X1MERA
x1mera

Epochs and monthly nominal

Core nominal and Metamorph bounds change every 30 days. Epochs last 180 days and determine asset history and base Incubate APR.

Epochs
X1MERA PROTOCOL
CORE
L1
x1mera
10.00
NOMINAL X1MERA
LEVELL1
EPOCHE0
ID#1
“Algorithmic mining and mining with gas/fees is the fairest way to create crypto”
— Jack Levin
Launch profile
E0
Base APR10.00%
Epoch length180 d
Next epoch—
Core · M010
Protocol fee0
Nominal floorM60+
Next nominal change—
Metamorph min100
Metamorph cap10,000
X1MERA PROTOCOL
METAMORPH
L1
x1mera
100.00
NOMINAL X1MERA
LEVELL1
EPOCHE0
ID#2
“Algorithmic mining and mining with gas/fees is the fairest way to create crypto”
— Jack Levin
Protocol flow

x1mera Mechanics

Create state, develop its nominal and choose how it becomes X1MERA.

Your path

1
Mint Core

Create a Level 1 Core with the nominal of its execution month and the history of its epoch. Tokens are issued when you redeem it.

2
Splice

Combine two assets of the same kind and level into one higher-level asset.

3
Redeem

Consume a Core or Metamorph and receive its nominal in X1MERA tokens.

4
Metamorph

Burn X1MERA within current monthly bounds together with an epoch-eligible Level 1 Core. Metamorph nominal equals the tokens burned.

5
Incubate

Lock a Level 2 or higher asset for a chosen term. At maturity, receive X1MERA and return the asset through Phoenix.

State → X1MERA

Mint and Splice create and develop assets. Redeem and Incubate maturity issue tokens. Metamorph consumes tokens to create a new asset.

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