We are pleased to announce the official xSOLDIERZ reward system featuring the robust utility token - $xRATIONS.
$xRATIONS will be distributed upon the launch of the Lieutenant Larsen Genesis Collection. No Private sale, no ICO, no pre-mining. With this token collectors can accumulate value outside the price appreciation of their NFTs.
War Chest Airdrops will consistently take place to engage the community proactively.
The primary way to partake in the xRATIONS distribution is to hold one or more battle-tested xSOLDIERZ NFTs living on the XRPL.
The weekly/monthly distributions require a combination of at least one NFT and a minimum number of $xRATIONS. Anybody who wants $xRATIONS needs to hold an NFT or buy it on an exchange. Hoo-Rah!
The more of these NFTs you hold, the more you earn. Each NFT equals 641 xRATIONS. (see Tokenomics)While it could be enticing to sell off any airdropped tokens immediately, as some would, this incentive has been designed to reward holders. By holding, members receive early access to future NFT mints and remain eligible for additional airdrops, xHOLDERZ ROI Group, staking, and future projects planned on the XRPL and Xahau.
Loyalty Buybacks - Once all $xRATIONS are distributed price appreciation will be found. The simple way to make the utility tokens work is to become an xHOLDER and stay the course.
The first way we support price appreciation and stability is, once each collection 'mints out' 25% of the proceeds will reallocate back into xHOLDERZ loyalty pool for reinvestment. Buybacks may be initiated by price appreciation of $XRP, and/or other XRPL tokens to be voted on. The timing of buybacks will depend on market sentiment and certain milestones correlated to the price of $XRP (i.e. when XRP hits $5.89 or more, then buybacks will be initiated.)
Given the $xRATIONS deflationary model, buybacks, and reinvestment we enable price appreciation to become a vicious cycle in bull markets. In bear markets, we have DeFi tools and are not limited to simpler means but for now, this is our treaty.
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