NIOX Tokeneconomics

Dear community,

As you all are aware, we are transitioning from our existing NIO token to NIOX. As part of this transition we are undertaking a tokenswap and incorporating a toll bridge for fair and timely distribution of the new token.

We are moving away from a two-token economy to a single token economy. Therefore, the total supply of both NIO and NIOX gets combined into a 300M supply with a fixed 5% annual inflation explained here

The new NIOX token primarily serves to:

• Become a DAO member
  In order to become a full DAO member you need to hold 300k or more tokens.
• Pay for the trading terminal subscription
  Use it to buy into one of the new dollar pegged subscriptions, in order to gain instant and perpetual access to the trading tools and services offered by our software.

The concept of a bridge-toll is not new, being utilized over the ages as a way of ensuring equitable access for all to various services of facilities. In our case, in order to prevent the dumping race that would occur as soon as everyone would have received their allocations, which is known as a harmful element for the early life of a new-born token, we have decided to follow the good examples set by other successful projects in the crypto industry and to implement a safeguard mechanism that would ensure fair distribution and timely market dump suppression.

We will release detailed information on how the swap and toll bridge will work just before the start of the token swap campaign. The swap campaign will last for about 5 weeks to allow sufficient time for all users to claim their NIOX tokens. The campaign is scheduled to begin in the first/second week of march.

Join the conversation about the token economics on our telegram channel. Every holders feedback is valuable. We look forward to hearing from you.

Thank you!