L1X Foundation
  • Getting Started
    • L1X Overview
      • Mission and Vision
      • Why Layer One X?
      • L1X Coin
      • Infrastructure Essentials
    • Glossary
    • Quick Links
      • Foundation Website
      • WhitePaper
      • Social Media Links
      • Blog
      • Others
  • Ecosystem
    • Multifunction Utility
    • Products
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      • L1DEX - Decentralised Exchange
      • DigaLabs
      • Omchain
      • Healthlink
      • L1X_Labs
      • UWA
      • Prysm Group
      • Hype Talent
  • L1X Technology Explained
    • Abstract
    • Introduction
    • Scalability and Interoperability Limitations of Existing Blockchain Networks
    • L1X Network
      • Design Principles
      • Prominent Features
      • L1X Benefits
    • Mobile Nodes
    • L1X Architecture
      • Components
      • Consensus Mechanism
    • L1X Transaction Lifecycle
    • X-Talk
      • X-Talk Architecture
      • Use Case: Advertise BSC NFT Sale in OpenSea Ethereum Marketplace
      • X-Talk Workflow
      • Benefits
    • Virtual Machine
    • L1X Time Units
    • Validator Nodes
      • Validator LifeSPAN
      • Validator Lifespan Algorithm
      • Validator Selection
      • Validator Selection Algorithm
      • Vigilant Nodes
      • Radix Nodes
      • Cluster Assignment
      • Lexicon
    • L1X Reward Mechanism
      • Friction on the Network
      • Consensus Mechanism and Incentive Scheme
      • Resource Costing Model
      • Token Distribution and Pricing Strategy
      • Consensus Mechanism and Token Pricing with Respect to Token Inflation
      • Token Participant Distribution and Pricing
      • Ongoing Distribution Rules, Governance, and Token Pricing
      • Layer Two Tokenomics Vs Layer One Tokenomics
      • L1X Coins
    • Tokenomics
    • L1X Applications
      • Staking
      • Exchange
      • Ledger Tokenization
      • Micropayment Transactions
      • Micro Trading
      • Gaming
      • Metaverse
    • L1X Components - Example Use-Cases
      • L1X Fungible Token Smart Contract
      • L1X Non-Fungible Token Smart Contract
      • X-Talk Token Swap
      • X-Talk Token Staking
      • X-Talk Fungible Token Lending and Borrowing
      • X-Talk NFT Liquidity Provision
      • X-Talk NFT Leasing Provision
      • Health Smart Contract
      • L1X Wallet SDK
    • Conclusion
  • L1X Tokenomics
  • Node Hosting on L1X
    • Node Architecture & Consensus Mechanism
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  1. L1X Technology Explained
  2. L1X Reward Mechanism

Ongoing Distribution Rules, Governance, and Token Pricing

The ongoing distribution falls under two major components and its relation to token pricing is also considered.

Firstly, the technical module considers the resources available in the network and the cost to facilitate state changes. The value of the resource is based on optimally setting the value of the token to avoid considerable friction that will bottleneck the network.

Secondly, network and service level issuance consider different components such as ongoing mainly ancillary allocation of resources such as threading, spills, bundles, and others.

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Last updated 1 year ago