Post listing announcement: Circulating supply and detail vesting schedule

Dear Xeno Community members,

We would like to make a quick clarifying announcement about the Xeno Team’s ongoing plan for the management of the XNO circulating supply and the continued XNO vesting schedule.

The initial total circulating supply of XNO is 40 million for its current and future exchange listings of XNO. These XNO have been earmarked from the initial token allocation for this purpose.

During the listing process, an additional 3 million XNO tokens were used for the purpose of listing event. Therefore 3 million XNO tokens were used from the marketing budget.

As a result, a total of 43 million tokens are initially circulating.

Aside from this amount, Xeno has a conservative vesting schedule planned over the coming 12 months whereby a limited number of XNO are intended to vest during that period. It should be noted that in this schedule no balance from the Team/Advisory/Partner Allocation is set to release from vesting within the first year after its listing. However, there will be quarterly vestings resulting in an additional 72 million released XNO over the next year. This will result in a total circulating supply of 115 million XNO, or 5.4% of the total XNO supply.

We are monitoring the dynamic market conditions and our goal remains to have organic value growth within the Xeno ecosystem. Therefore, we would like to assure the community that any deviation from the current supply schedule would be communicated in advance and would only occur after community engagement and enactment of a governance procedure whereby all community members and XNO holding voices can be heard on the matter.

Thank you for your continued support. We are humbled and grateful for all of our community members!

-the Xeno Team