The XPF Coin

The XPF coin is engineered around fixed scarcity, transparency, and a long-term path toward optional privacy. All monetary behavior is fully enforced by the consensus rules executed independently by every node.

Fixed Supply — 1,000,000 XPF

XPF has a permanently capped supply of 1,000,000 coins. This limit is part of the consensus rules and cannot be exceeded.

• 500,000 XPF — creator + ecosystem reserve at genesis
• 500,000 XPF — mined over ~5.7 years via 6-minute rounds

There is no inflation, no “tail emission”, and no governance minting. Every coin is accounted for in the public ledger.

Mining & Round Rewards

XPF mining uses a unique probability-based model, tied to the HexGrid system. Every 6 minutes, a new mining round selects exactly one winner.

• Each round: 1 XPF total emission
• Participants: 200–890
• Everyone has equal probability regardless of CPU power
• 30-second cooldown between rounds
• Instant reward delivery to wallet

CPU performance does not give any advantage — a deliberate design to prevent a GPU/ASIC arms race. Mining remains fair, predictable, and accessible.

Fee Model

Layer-1 transaction fees are minimal and exist only to prevent spam. They are added directly to the miner’s reward.

• Fee = amount × feeRate
• Deducted from sender balance
• Credited to block miner
• No gas auctions, no EVM complexity, no staking

Layer-2 Participation Fee

HexGrid mining rounds are free until XPF is listed on an external exchange. After listing, a very small entry fee may activate (example: 0.001 XPF).

• The fee applies only to Layer-2 HexGrid rounds
• It never changes Layer-1 consensus rules
• It does not influence block rewards
• It is routed to the Dex_Main ecosystem wallet

Dex_Main initially holds 250,000 XPF as the ecosystem reserve. Participation fees simply replenish this wallet over time.

Ledger Model

XPF uses an account-based state model for clarity and auditability.

• Each account has a balance
• Each account tracks a nonce
• State updates are deterministic

This keeps monetary behavior transparent and predictable.

Transparency & Privacy Path

The XPF ledger is currently fully transparent. All balances and transfers are visible on-chain.

The long-term privacy upgrade (CP-Shield) introduces:

• Commitments and encrypted notes
• Nullifiers for privacy-safe spends
• Optional zero-knowledge proofs
• Transparent ↔ Shielded conversion

Privacy will always be opt-in and never forced on users or apps.

Use Cases

XPF is intentionally minimal. It is designed to serve as:

• the unit of account on the chain
• the medium for miner rewards
• the fee token for transactions
• the currency used in HexGrid mining rounds
• a future asset compatible with RootBaseLayer (optional)

No governance. No staking. No inflation. XPF is built to function as digital cash.