4. Token distribution model and features

Built upon extensive experience in ecosystem development and token design, SOX is the result of advanced ideation and numerous simulations, proudly crafted by the Olympian Games team. SOX presents a robust and innovative supply and distribution model aimed at fostering a stable and successful token economy.

Traditionally, many tokens fall into an inflationary trap, with weak utility preventing ecosystem growth. Often, projects fail to account for this by releasing tokens on a time-based schedule that induces inflation, which in turn can weaken the token’s value and lead to the eventual abandonment of the project.

To address this issue, SOX has been designed with a token distribution plan underpinned by the AIM (Anti-Inflationary Minting) policy. This policy ensures that token supply plan does not act as a barrier to ecosystem growth or cause excessive inflation. SOX will be minted/supplied in four key phases aligned with the economic growth, with no further minting after the total supply is reached and is alleviated from excessive supply, thus structurally eliminating inflation risks. The Max Supply of SOX is capped at 1 billion tokens.

In addition, SOX utilizes the O.R.A.C.L.E (Once Reached, Another Conditional Logic Emerges), a growth-based conditional release approach where token supply is not constant over time but is contingent upon ecosystem expansion. This approach prevents arbitrary token release, ensuring that SOX supply is tied to specific growth milestones, promoting a sustainable economy. O.R.A.C.L.E is built into the smart contract that executes mint & supply actions on-chain, known as PIE (Programmable Issuance Engine).

The most objective indicator for gauging the economic scale of the ecosystem is the price of SOX. SOX is distributed to the ecosystem through four distinct supply phases based on its price. The PIX (Price Indicator for X), which determines whether additional supply can be released into circulation, is calculated based on a 7-day TWAP (Time-Weighted Average Price) and stability adjustments to prevent price manipulation during low liquidity through the smart contract system known as PIE (Programmable Issuance Engine). The PIX for SOX can be monitored in real-time on the official Value Of X Foundation’s website and the official site of Olympian Games.

The following is the minting and supply preset parameters for SOX;

• Phase 1, Constitutional Phase (15%): This initial phase marks the inception of the SOX economy, minting and distributing 150M SOX to expand user participation and resource allocation within the ecosystem.

• Phase 2, Catalytic Phase (25%, PIX $2): Upon reaching a PIX of $2 (USD), signaling the overcoming of early-stage challenges and establishing a stable economic foundation, an additional 250M SOX are minted and distributed to the market to support rapid growth and development.

• Phase 3, Scaling Phase (30%, PIX $4): A PIX of $4 indicates that the ecosystem has achieved resilience against external uncertainties, becoming a stable economic community. This milestone enables the release of 300M SOX, providing enhanced liquidity to facilitate quantitative growth.

• Phase 4, Decentralizing Phase (30%, PIX $8): At a PIX of $8, Federal Service Agency (FSA) mints and releases the remaining 300M SOX, as per compiled in the whitepaper, completing the SOX supply. At this point, governance over SOX fully decentralizes, allowing the token’s economic balance of the community to be maintained by the “invisible hand”, independent of any centralized influence including that of the FSA.

Under the AIM policy and ORACLE model, SOX ensures that its supply structure maintain a stable, non-inflationary economy which deters from excess supply that surpasses the magnitude of the existing platform’s economy. The completion of distribution also establishes a decentralized governance model, realizing a truly autonomous economic system. This sustainable framework is driven by the practical, enduring utility embedded in Olympian Games’ gaming services, ensuring both resilience and longevity for the SOX economy.

“The SOX economy, designed to become deflationary by fixing the total supply of cryptocurrency as the economy expands (AIM), operates with a system that carefully considers the growth phases of the community (ORACLE) and adjusts the supply rate accordingly.”