xTIDE
Last updated
Last updated
$xTIDE is a non-transferable governance and utility token that users receive by converting (swapping) $TIDE. All $xTIDE balances are eligible for:
Revenue sharing via buyback-and-distribute (30% of platform revenue)
Access to premium features
In-game boosts and free plays
Governance participation (via OpenZeppelin Governor + Tally integration)
$xTIDE is transferable only to and from whitelisted contracts, allowing for airdrops, yield farming, and third-party integrations. Converting $xTIDE back to $TIDE Users can redeem $xTIDE for $TIDE via a vesting-based unlock schedule*:
Upon conversion, users can start a flexible vesting position.
The unlock curve is linear:
50% is claimable immediately (0 days)
100% is claimable after 180 days
Any unvested tokens claimed early are split:
50% burned
50% redistributed to existing $xTIDE holders
Users can cancel the vesting at any time and reclaim their full $xTIDE balance.
Each swap creates a separate vesting position, and users can batch-claim multiple positions.
Holding $xTIDE also grants governance rights: a DAO will be established for $xTIDE holders to vote on proposals and treasury decisions—governing 55% of the token supply across Treasury (7%), Community Incentives (33%), Locking (10%), and Marketing (5%).
*will be changed in the future. At the time of the launch, redeeming $TIDE for $xTIDE will be done 1:1, without the vesting period.