What does Fair Launch mean?
Last updated
Last updated
The founding team does not have privileged access to the token distribution. The source code of the immutable smart contracts can be found on DBXen GitHub.
The token distribution algorithm is preprogrammed and once deployed can never be changed by the founding team (or anyone else). Bitcoin and yEarn are other similar examples of projects that were launched with fair distribution such as DBXen.
Monetary units allocation is based on objective, pre-established rules like active protocol usage proving Xen burn.
pre-mines
treasury allocations
private or public sales
protocol developer fees
DBXen protocol is fairly launched as a public good in order to become a community developed system with no central authority that can control, censor, or close it.