TITAN Q&A
Last updated
Last updated
1. What is the TITAN token?
A: TITAN is the native token of the LayerX Protocol, used for transactions, rewards, and governance within the platform.
2. What is the total supply of TITAN tokens?
A: The total supply of TITAN tokens is 20,090,103.
3. What are the main uses of TITAN tokens?
A: TITAN tokens are used for transactions, rewards, staking, governance, and participating in various ecosystem activities within the platform.
4. How can you acquire TITAN tokens?
A: TITAN tokens can be obtained by participating in games on the LayerX Protocol GameFi platform, staking, and liquidity mining, among other methods.
5. What is the distribution strategy for TITAN tokens?
A: The distribution includes 10% for airdrops, 20% for institutional investors, 10% for the operations and technical team, and 60% for the ecological fund.
6. What are the unlocking rules for TITAN tokens?
A: Tokens for the team are locked for 12 months after the project starts, then released gradually over the following 24 months; institutional investors’ tokens unlock 25% six months post-launch, with the remainder released quarterly over 18 months.
7. How are the airdrop portions of TITAN tokens distributed?
A: 10% of TITAN tokens (2,009,010 tokens) are distributed through airdrops to early users and community members.
8. How are TITAN tokens distributed to institutional investors?
A: 20% of TITAN tokens (4,018,021 tokens) are allocated to institutional investors to provide funding support and market trust.
9. How are TITAN tokens distributed to the operations and technical team?
A: 10% of TITAN tokens (2,009,010 tokens) are reserved for the project’s operations and technical team to support daily operations and future development.
10. How are TITAN tokens in the ecological fund distributed?
A: 60% of TITAN tokens (12,054,062 tokens) are used to support the construction and development of the entire project ecosystem.
11. How are TITAN tokens used in the ecological fund?
A: They are used to support specific projects and activities within the ecosystem, new ecosystem construction, and partner investments.
12. How can TITAN tokens be used to participate in LayerX governance?
A: Users holding and staking TITAN tokens can participate in the platform’s voting and decision-making, influencing the development direction of the platform.
13. How is the liquidity of TITAN tokens ensured?
A: Through the liquidity pools provided by the LayerX Protocol decentralized exchange (DEX), ensuring free trade and liquidity of TITAN tokens.
14. How do TITAN tokens enhance user engagement?
A: Through mechanisms like rewards, staking, and voting, users are encouraged to actively participate in platform activities and governance.
15. How can users earn through TITAN tokens?
A: Users can earn additional income by staking TITAN tokens to become super nodes, participating in liquidity mining, and engaging in gaming activities.
16. What role do TITAN tokens play on the LayerX Protocol GameFi platform?
A: They are used to exchange in-game economic tokens, purchase items, upgrade equipment, and unlock new content.
17. What are the transaction fees for TITAN tokens?
A: The specific transaction fees depend on the platform’s trading policies, usually kept low to enhance the user’s trading experience.
18. What are the future prospects for TITAN tokens?
A: As the LayerX Protocol ecosystem continues to expand and improve, the application scenarios for TITAN tokens will become increasingly widespread, and their value will continue to rise.
19. How can TITAN tokens be securely stored on the LayerX Protocol platform?
A: Users are advised to use wallets and security measures recommended by the LayerX Protocol to ensure the secure storage and management of their tokens.
20. How can users participate in community activities for TITAN tokens?
A: Users can join the LayerX Protocol’s social media and community platforms to engage in discussions, activities, and voting, collectively promoting the development of TITAN tokens.