> For the complete documentation index, see [llms.txt](https://xpertcoin.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://xpertcoin.gitbook.io/whitepaper/xc-token/overview.md).

# Overview

Native utility token of XpertCoin that lets holders participate in ecosystem and governance

<figure><img src="https://728228936-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FLz1sDx75juDHmf3pmJCa%2Fuploads%2FAfxs3HrK13gLwSm9xgdf%2Fxpertcoin%20xc%20token%20overview.jpg?alt=media&amp;token=022ca461-717a-42bf-9e81-682f6ab766f4" alt=""><figcaption></figcaption></figure>

### XC Token Powering XpertCoin Ecosystem

XC Token, as a store of value, powers XpertCoin ecosystem and allows users to seamlessly interact with innovative products and solutions. It is carefully designed to optimize value for holders and utility for users by opting mechanisms that ensue decreasing supply and increasing demand overtime. From payment options and voting rights to passive earnings and early opportunities,  XC Token offers multitude of use cases and perks to its holders.

### Token Details

* Name: XpertCoin Token
* Ticker: $XC
* Category: Trading Bot and DeFi
* Total Supply: 1 Billion (1,000,000,000)
* Chain: Ethereum
* Standard: ERC-20
* Type: Utility and Governance
* Model: Deflationary

### Utility

* **Subscription:** For accessing advanced features of XpertCoin Trading Bot, users can opt for $XC as a payment option with 5% discount on each subscription package.
* **Staking:** Earn passive income by committing $XC for specified time periods.
* **Private Channel:** Aligned with staking, $XC holders get exclusive access to Discord training and trading channel and private sessions.
* **Strategies Marketplace:** Transact trading activities on marketplace with $XC as unit of exchange.
* **DAO Governance:** Holders of $XC can make and vote on proposals to steer the future of XpertCoin.
* **Xpert Launchpad:** Tier-based participation unlocked by staking $XC for accessing private and public sales of potential projects.&#x20;
* **Revenue Sharing:** 10% of fees generated through subscription and 50% of marketplace fee will be shared among holders of $XC.

### Token Allocation

<table><thead><tr><th width="83">SN</th><th width="215">Stakeholders</th><th width="183">Token Allocation</th><th>Token Allocation</th></tr></thead><tbody><tr><td></td><td></td><td>% of Total Supply</td><td>Token Amount</td></tr><tr><td></td><td></td><td></td><td></td></tr><tr><td>1</td><td>Private A</td><td>13</td><td>130,000,000</td></tr><tr><td>2</td><td>Private B</td><td>7</td><td>70,000,000</td></tr><tr><td>3</td><td>Public / IDO</td><td>10</td><td>100,000,000</td></tr><tr><td>4</td><td>Advisory</td><td>3</td><td>30,000,000</td></tr><tr><td>5</td><td>Liquidity</td><td>10</td><td>100,000,000</td></tr><tr><td>6</td><td>Development</td><td>5</td><td>50,000,000</td></tr><tr><td>7</td><td>Marketing</td><td>12</td><td>120,000,000</td></tr><tr><td>8</td><td>DAO Treasury</td><td>15</td><td>150,000,000</td></tr><tr><td>9</td><td>Team</td><td>10</td><td>100,000,000</td></tr><tr><td>10</td><td>Reserve</td><td>5</td><td>50,000,000</td></tr><tr><td>11</td><td>Incentive Pool (Staking, Rewards, Airdrops)</td><td>10</td><td>100,000,000</td></tr><tr><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Total</td><td>100</td><td>1,000,000,000</td></tr></tbody></table>

{% hint style="info" %}
Detailed token allocations, vesting schedule and token unlocks to be announced closer to token generation event (TGE).
{% endhint %}

### Burn Mechanism

* Subscription Packages: 10% of revenue generated through subscription packages will be used to buyback and burn $XC token.
* Strategies Marketplace: 50% fees accrued due to buying/selling of strategies will be removed from circulating supply of $XC.
* Xpert Launchpad: 20% of total fees generated by launching a project will be used to buyback and burn $XC.

***