# xHOT {% hint style="info" %} xHOT token contract address will be revealed after the Stage 1 PRESALE is done. These documents will be **updated by DAO.** {% endhint %} ## xHOT xHOT the governance token of 2HOT DAO & Platform, based and created on the Ethereum network, as an ERC20 token. xHOT will be **used across the DeFi ecosystems**, while at the same time rewarding its holders in **DAO for holding, staking and actively participating in the governance voting.** \ \ With the mission to (projected to) become the first and the largest token for blockchain and XXX economy, the xHOT token is made by the most experienced contract experts, tokenomics tailored with the perfect vesting for early adopters, staking participants and everyone other who will enjoy all the benefits on the 2HOT DAO. **Total supply:** 1,000,000,000 xHOT **Circulating supply**: TBA **2HOT.Dev:** 10% **Private sale:** NON **Early Adopters Campaign supply:** 1,500,000 $xHOT (1.5% total supply) **ICO Stage 1 Price:** $0.01 = 1 xHOT \ **Stage 1 supply:** 5,500,000 **ICO Stage 2 Price:** $0.1 = 1 xHOT\ **Stage 2 supply:** 2,500,000 **Listing price projected with the current TLV + MC:** $1.83 = 1 xHOT **EAC value with the projected price: aprx. $2,000,000** ### xHOT token utility **2HOT will activate on-chain DAO governance in May, 2024.** This includes voting on proposals submitted by DAO members and utilizing xHOT in Validator, AP creator validators, and fees. * Staking boost (based on xHOT holding in the wallet) - read more about tier requirments * DAO governance voting * Borrower fees collected and distributed based on tier levels * Cross-chain bridge fees collected and distributed based on tier levels * Swapping fees collected by xHOT token holders and DAO * NFT burning system and resell at the different marketplaces * Passive income through the platform as an original "shareholder" ### Tokenomics Thank you for joining us on this journey to create a better world through decentralized governance and fair distribution of resources. Let's build something great together.

Supply & demand

Tokenomics

### Tokenomics * **DAO Governance:** Community-driven decision-making process - 34.66% * **2HOT DAO Adult creator platform** (xxx) liquidity (marketing, creators, Platform DAO) - 20% * **Investors** - 10.34 * **ICO Stage 1 + 2 + EAC** - (controlled by EAC and Early DAO team) (multiple purposes) - 9.5% * **DAO Team representatives (VESTING!)** - 10% * **2HOT DEV Team (VESTING!)** - 10% * **Validators and signature holders** - 5.5% {% hint style="info" %} The tokenomics can be changed through the governance process. Since the DAO is decentralized and community-driven, the token holders have the power to propose and vote on changes to the tokenomics design. This can include changes to the token distribution, token utility, token economics, governance structure, community incentives, and security measures. {% endhint %} ## 2HOT DAO and xHOT Voting Tiers In this system, each member's voting power is directly proportional to the number of tokens they hold. For example, if a member holds 5 xHOT tokens he will be in Tier 1 (Base) and his voting power will be converted into the (1) vote.
{% hint style="info" %} Tier level is important for TWO things in the 2HOT DAO ecosystem: * Direct voting power on Governance * 2HOT Platform fees and earnings system {% endhint %} Overall, while voting power in a DAO is a crucial factor in decision-making, it's important to consider its broader implications, including its potential impact on earning fees or rewards outside of the crypto ecosystem(2HOT adult creators platform). DAOs should strive to balance all members' interests and prioritize the platform's long-term success and sustainability.\ \ This could be explained in a few words: As higher as your Tier level in DAO is, you will be able to collect more rewards on the creator fees, connection fees, messages, etc. These rewards will be paid directly in xHOT and usdHOT tokens (depending on your Tier, you will be able to collect both assets, where usdHOT token is always pegged 1:1 to USD, and can be easily exchanged for any other Liquid token in the DeFi ecosystem) ## Levels and Tiers {% hint style="info" %} Tiers and Levels could be changed in the future by DAO governance voting system on 2HOTSnapshot. {% endhint %}

TIERS for xHOT token holders on Staking Rewards Boost + Platform fees rewards

Voting power per holdings in xHOT

The xHOT tokens earn by boosting tiers + participating in DAO, will be always unlocked for the users, and free to use across the marketplaces. usdHOT tokens earned by the rewards system will be able to swap directly on the 2HOT platform for other assets (Fees will be included for swapping for everyone except Base users! - we want to give the opportunity for everyone to scale UP! {% hint style="info" %} The **unsold xHOT token** in Stage 1, Stage 2 PRESALE will automatically be BURNED by Smart Contract, **increasing the $xHOT value.** {% endhint %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://2hot-dao.gitbook.io/2hotdao-docs/xhot-whitepaper/xhot.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.