Reports indicate that the large BTC infrastructure project exSat will go live on the mainnet on October 23. It is understood that the exSat project team adopts a fair launch token issuance method. With the launch of the mainnet, the governance token XSAT will be released in sync with the mining of BTC, with no pre-mining and no team reserves. According to the official whitepaper, a total of 21 million tokens will be issued, with 50 XSAT produced per BTC block. Furthermore, the token economics of exSat incorporates a halving mechanism, occurring every 210,000 blocks. The exSat Foundation will receive tokens donated by nodes through Donations, which will be recorded in a smart contract, creating a brand new node management model. Insiders reveal that the Donation percentage can be set by nodes themselves, ranging from 10%-30%, and will be directly reflected in the community contribution value on the mainnet.
