Gloxx implements a strict deflationary model where network utility directly induces asset scarcity. All gas fees and slashing events contribute to an ever-reducing supply.
25% of every transaction fee is permanently removed from circulation. As network usage grows, the burn rate accelerates.
New GLX enters circulation only via Proof-of-Work onboarding. This ensures zero pre-mine and a globally distributed genesis.
Misbehaving validators face stake slashing, where a portion of the penalty is burned, further reducing supply during security events.
Burn assets from external chains (BTC, SOL, ETH, BNB) to mint GLX at a fixed rate of $15.00/GLX, as verified by native network oracles.
Total users claimable: 1,000,000. Feature ends when reached.