ALEX launched a proposal to introduce XLINK tokens. The proposal states that in November last year, ALEX transformed ALEX Bridge into an independent entity XLink, which has completed 39 million transactions and has thousands of community members. Therefore, the proposal suggests launching XLINK tokens to support its growth and establish a framework that aligns with the interests of validators. The proposal states that XLINK will allocate 10% of the total amount to ALEX holders, especially ALEX staking and Farming users, 10% for issuance, 10% for strategic buyers, and 70% for treasury reserves.
ALEX launches XLINK token proposal and will allocate 10% to ALEX holders
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