According to CoinMeta, the decentralized perpetual contract trading platform extended has announced the economics of its xten token. The total supply is 1 billion tokens, of which 30% are allocated to participants in the points-based rewards program. At TGE, 20% of these tokens will be unlocked for use in ecosystem development and staking rewards, while 50% are allocated to the founders, team members, and investors; however, this 50% will not be unlocked for the first 12 months. By TGE, approximately 32.9% of the tokens will be unlocked, but the initial free circulation will not exceed 30%. It is worth noting that about 17.38 million of these xten tokens from the airdrop come from points earned by the platform's internal market-making accounts and are owned by the exchange's operating entity x10. A portion of these tokens is intended to support token liquidity, while the remainder will be transferred into the ecosystem fund.