strong buy

Proposed Long-Term Staking and Burn Model for XNT Distribution

The perception that XEN holders are merely waiting to sell at a profit is inaccurate; most actively accumulate XEN because they trust the project, contribute as testnet validators, and aim to amass XEN to earn more XNT during the Moonparty. This effort fortifies validator positions through increased stakes and demonstrates confidence in X1, as well as a strong desire to hold extensive XNT. Minters who immediately sell and discard their XEN are not genuine supporters and do not contribute meaningfully to the community or token allocation. Personally, I intend to support the project long-term, favoring a vesting process after burn so I can stake my XNT as a validator without plans to sell. I propose a XNT distribution model combining proof-of-burn with staking, which emphasizes long-term commitment and minimizes regulatory concerns. With a proposed lockup on XNT, restricting transfers outside staking, this method rewards loyal participants, safeguards the legal standing of the token, and ensures active validator engagement, bolstering the long-term viability of the X1 ecosystem.
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AI Analysis

The current perception of XEN holders being short-term profit takers is unfounded, as many are committed to the project’s success. Their active participation as validators signifies a belief in the pr...

AI Recommendation

Adopting this combined proof-of-burn and staking approach for XNT distributions could greatly benefit the project by reinforcing long-term commitment among validators and supporters. Ensuring that tok...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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