Token Utility

$XVM is the staking and utility token of 0xVM. By prioritizing staking, we reduce liquidity of $XVM on the open market, enhancing the longer-term stability and security of the 0xVM Network.

The 0xVM token economics, or tokenomics, are subject to iterative improvement updates based on governance decisions taken by the larger community of $XVM holders.

Eventually, we will propose an update to implement inflationary behavior to gradually increase token supply, further rewarding those who stake their $XVM.

List of initial use-cases

• Enhanced governance and voting power in 0xVM protocol, development and upgrades

• XVM rewards for validation node operators

• XVM airdrops from 0xVM, and, partner L2s

• Early Access tickets to new programs

• Reduced taxes on DeFi primitives

• APY booster & multiplier in passive earnings (in XVM as staking rewards)

• Rebates from on-chain campaigns