# Tokenomics

### Token Introduction

$SOBY is the token ticker on XAI blockchain

### Contract Address

[0x698DD1622f04F566Dc76b053b7d3d271Aa09101C](https://explorer.xai-chain.net/token/0x698DD1622f04F566Dc76b053b7d3d271Aa09101C/token-transfers)

### Total Supply

210,000,000,000,000,000 tokens.

<table><thead><tr><th>Allocation</th><th width="90">%</th><th>Condition</th></tr></thead><tbody><tr><td>Ecosystem Airdrop</td><td>30%</td><td>For Wallets who<br>- Received $ARB Airdrop<br>- Received $XAI Airdrop<br>- Run XAI Sentry Nodes<br>- Hold KaleidoCube NFT</td></tr><tr><td>Growth Airdrop</td><td>10%</td><td>For Users who complete growth task on Quest Platform</td></tr><tr><td>CEX Liquidity &#x26; Market Making </td><td>10%</td><td>Add liquidity on DEX. Staking Rewards and more.</td></tr><tr><td>Camelot Liquidity</td><td>40%</td><td></td></tr><tr><td>Marketing</td><td>10%</td><td></td></tr><tr><td>Team</td><td>0%</td><td></td></tr><tr><td>Founders</td><td>0%</td><td></td></tr></tbody></table>

### Distribution Method

In the first stage of Soby XAI, 40% of $SOBY tokens will be distributed to the community for free.&#x20;

* 10% of the total supply of $SOBY will go directly into the Growth Airdrop pool and will be rewarded to the supporter who complete growth social tasks on TaskOn
* 30% of the total supply of $SOBY will go directly into the Ecosystem Airdrop pool and will be claimed by users who complete growth social tasks on TaskOn AND are eligible for one of the categories (non-accumulated):&#x20;
  * $ARB Airdrop *(must complete growth social tasks on TaskOn)*
  * $XAI Airdrop *(must complete growth social tasks on TaskOn)*
  * $XAI Sentry Node *(must complete growth social tasks on TaskOn)*
  * KaleidoCube NFT Holder *(must complete growth social tasks on TaskOn)*
  * Soby Pirate Yacht Club NFT Holder *(no need  growth social tasks on TaskOn)*
* Any unclaimed $SOBY tokens will be included in future usage plans: protocol long-term development, early supporters, long-term community supporters, and burning.

### Ecosystem Airdrop Claiming Method

Users who qualify for the $SOBY Ecosystem Airdrop (30% of total supply) can claim $SOBY by logging into their wallet on the Soby XAI official website <https://soby.lol>. It will be first come, first served.&#x20;

*Any unclaimed tokens will be included in future usage plans: protocol long-term development, early supporters, long-term community supporters, and burning.*

### Growth Airdrop Claiming Method

Users who qualify for the $SOBY Growth Airdrop (10% of total supply) can claim $SOBY by logging into their wallet on the Soby XAI official website <https://soby.lol>. It will be first come, first served. The amount of $SOBY tokens to be claimed for each user will be announced when the Growth Campaign is commenced.

*Any unclaimed tokens will be included in future usage plans: protocol long-term development, early supporters, long-term community supporters, and burning.*

### Tax Burn

8% of each transaction will be allocated as the tax burn, distributed as follows:

<table><thead><tr><th width="126">Percent</th><th width="147">Allocation</th><th>Usage</th></tr></thead><tbody><tr><td>1.0%</td><td>Burn</td><td>Transfer to a black hole address and permanently destroyed.</td></tr><tr><td>1.5%</td><td>Lottery</td><td>Converted to $XAI and deposited into the Lucky Pool. Whenever a player buys $SOBY, they will receive a one-time lucky ticket with a randomly assigned weight (determined by the purchase amount between $50-$100). Using an open-source algorithm, the accumulated rewards in the Lucky Pool will be distributed to the winners of each round every half hour. After each round, the lucky tickets will be reset.</td></tr><tr><td>2.0%</td><td>Refill Liquidity Pool</td><td>Deposit into the SOBY/XAI trading pair on the DEX to increase trading depth.</td></tr><tr><td>2.0%</td><td>Flexible Fund</td><td>Converted to XAI for flexible utilization (staking reward, community event, etc.).</td></tr><tr><td>1.5%</td><td>Development</td><td>Reserve for project development.</td></tr></tbody></table>

*Notes: The tax burn is continuously updated to strategically align with long-term development of the project.*
