X2024 Simple Gameplay Introduction for Newcomers 🔥🔥🔥

Total Supply of X2024: 20.24 million coins

▪️ All 20.24 million coins are added to the BNB pool, with 0 reserved. After launch, coins cannot be directly purchased from the BNB pool; the contract will release a total of 0.96% of coins daily from the BNB pool and distribute them to LP users in real-time based on the block.

1. The coins in the BNB pool as a mining pool cannot be bought, only sold. So how to add LP?

▪️ The X2024 contract has achieved this through technological innovation. By transferring BNB to the contract, you can obtain the LP certificate X2024LP.

▪️ For example, if a user transfers 1 BNB to the contract, the contract automatically executes to use 0.5 BNB to buy coins from the pool + 0.5 BNB to add liquidity, sending the LP tokens obtained to the user's wallet (saving the user the cumbersome process and time of adding liquidity). Once you receive the LP token X2024LP, you can enjoy real-time mining dividends.

2. Will selling the coins mined by LP into the BNB pool cause the coin price to drop and create a death spiral?

▪️ The BNB pool burns a total of 1.44% of the total coin amount daily, and releases a total of 0.96% of coins daily for LP user dividends.

Taking the base pool (100,000 coins + 100,000 USDT) with a coin price of 1 USDT as an example:

Daily total coin amount burned in the base pool is 1.44% + 0.96% LP dividends, reducing the total coin amount by 2.4%. At this point, the remaining total coin amount in the base pool (97,600 coins + 100,000 USDT) has a coin price of 1.0245 USDT, increasing by 2.45%.

【 LP users received a total coin amount of 0.96%, 960 coins are sold into the pool, total coin amount in the pool (97,600 + 960) = 98,560 coins, pool USDT amount (100,000 - 960 * 1.024 USDT) = 99,017 USDT, thus the pool (98,560 coins + 99,017 USDT) has a coin price of 1.005 USDT】

▪️ Therefore, the conclusion is that, excluding daily incoming LP funds, even if LP users sell the coins received as dividends every day, the coin price does not fall but rather rises, perfectly solving the death spiral caused by falling prices in previous DeFi projects.

▪️ In the future, the USDT pool will serve as a secondary market, and the coin price will always be higher than that of the BNB pool. LP users can choose to sell the coins received as dividends into the USDT pool. In this way, with no one selling coins in the BNB pool, the coin price will increase daily by a minimum of 2.45%, and with incoming funds, it will rise even faster.

Leave your BNB address, and I will transfer X2024 to you. Let’s set sail together!