Ixinium (XXA) presents a groundbreaking approach in the cryptocurrency landscape, merging blockchain efficiency with the stability of precious metals. Operating on the Stellar blockchain, XXA offers transparency, low transaction costs, and unparalleled security through a strategic allocation model. This paper outlines the mechanisms, economic model, and future outlook of XXA, emphasizing its role in creating a sustainable and trust-based digital economy.
Ixinium (XXA) leverages the Stellar blockchain to provide a secure, transparent, and efficient digital asset. By incorporating precious metal reserves for force majeure protection, XXA combines the advantages of blockchain technology with the security traditionally associated with physical assets. With its deflationary model, asset burns, and precise allocation strategies, XXA fosters a robust and equitable digital ecosystem. The Stellar blockchain ensures ultra-fast transactions (2–5 seconds) at minimal costs, with the capacity to process over a million transactions for the price of one Ethereum transaction. This efficiency and scalability make it ideal for widespread adoption.
The total supply of XXA was initially set at 540,000,000 tokens.
In 2022, 50% of the total supply was burned, reducing the available supply to 277,100,315 tokens.
Stage-1 distribution (2019–2020):
• 26.46 million XXA locked for five years (maturity: June 17, 2024)
• 10 million reserved for founders and management
• 0.8 million shared as a marketing bounty
• 2.74 million sold during the initial funding round
In Q3/2024, a new protocol optimized the remaining supply:
• 70% directed to liquidity pools (XXA-XLM and others)
• 20% reserved for organizational expenses and marketing
• 10% allocated to token buyback initiatives
A systematic burning process aims to reduce the market supply to 100,000,000 tokens.
Burn events are transparent, tracked on the Stellar blockchain, and marked as "XXA BURN" in transaction memos.
IXAT serves as the intermediary for translating the value of physical precious metals into the digital form of XXA. Key details include:
• 1:1 USD Valuation: Each IXAT token represents $1.00 worth of precious metals purchased by the Ixinium Foundation
• Locked Transactions: IXAT tokens can only be transferred to XXA's ownership address, where they are permanently locked, ensuring transparency and immutability
• Asset-Based Portfolio: IXAT operates as an investment portfolio, with XXA tokens acting as shares. The portfolio's value is tied to the physical precious metals it owns
• Blockchain Verification: All IXAT transactions are recorded on the blockchain, and the corresponding precious metal holdings and market values are updated daily on the Ixinium Foundation's website
XXA employs diversified liquidity pools to ensure market stability and investor confidence:
• Dispersed Allocation: Liquidity pools are distributed across accounts to prevent depletion during yield collection cycles
• Interest Collection: Earnings are harvested quarterly and reinvested into precious metals
• Strategic Reinvestment: Burned XXA tokens and XLM earnings bolster precious metal reserves, reinforcing off-chain stability
Ixinium (XXA) is the only cryptocurrency with force majeure asset protection. Since August 2020, physical precious metals, including gold, silver, platinum, and palladium, have been securely stored off-chain. These assets provide an additional security layer without directly influencing XXA's market value.
Global custodians ensure secure storage of precious metals:
• Brinks
• Prosegur
• Loomis
Their high-security vaults guarantee the integrity and accessibility of the reserves, further bolstering investor trust.
The Ixinium Foundation is responsible for managing and safeguarding the physical precious metals that back the value of XXA. Key aspects of the foundation's charter include:
• Ownership of diverse assets, including digital currencies and precious metals such as gold, silver, palladium, and platinum
• Complete independence of foundation assets from the founder or beneficiaries, ensuring neutrality and trust
• Strict prohibition of asset encumbrance or transfer by beneficiaries
The Ixinium Foundation employs a FinCEN-registered Money Services Business (MSB) to manage assets in compliance with the Bank Secrecy Act (BSA) and other regulatory frameworks. Regular audits and transparent reporting uphold its commitment to trust and accountability.
Built on the Stellar network for fast, low-cost, and secure transactions. Fully interoperable with Stellar-compatible wallets.
Off-chain reserves safeguard against extreme scenarios, adding stability and security.
Regular audits and detailed reporting ensure precious metal reserves are verifiable.
XXA's roadmap emphasizes:
• Integration into decentralized finance (DeFi) ecosystems
• Strategic partnerships to enhance adoption
• Continued focus on compliance with regulatory standards
Ixinium (XXA) exemplifies innovation by merging blockchain's efficiency with the stability of precious metals. Its deflationary model, robust liquidity management, and transparent practices position it as a transformative force in the digital asset landscape.