Token Issuance

Users are issued TXS and FLEX tokens as follows:

1. Free air grabs

2. Direct purchases

3. Market fee reimbursements

Free air grabs. Available to new users and then every 30 days thereafter for active users. New users may grab 10 TXS using the FLEX Wallet interface on the website or by executing any TXS based transaction. TXS based transactions are those that are critical to various tools we provide and are enforced by the flex contract, they may include actions such as a HARVEST, CLAIM, or CRAFT action. Once a user has grabbed their first free 10 TXS, 30 days thereafter users are eligible to grab another 10 TXS simply by continuing to use TXS based transactions, and so on each 30 days. Actions that are not TXS based are always free and will never require TXS, including typical blockchain actions such as a TRANSFER, BUYSALE, or other market actions. Actions that are not TXS based do not drop TXS every 30 days.

Direct purchases. Made using the FLEX Wallet interface on the website. TXS and FLEX are purchased for a minimum of 0.1 WAX with no maximum limit. TXS is issued on a 10-1 ratio (see Multiple Tiers below) and FLEX is issued on a 1-1 ratio. For example, if you pay 1 WAX you'll be issued 10 TXS or 1 FLEX. If you pay 10 WAX you'd be issued 100 TXS or 10 FLEX, depending on the token you're buying and so on.

Multiplier Tiers. Smart contracts will track the monthly WAX spent by an account and award multiplier tiers. That means you'll receive 4%, 8%, or 12% more TXS depending on how much TXS or FLEX has been purchased for the month. Monthly spending counts reset to 0 each time you receive a free 10 TXS air grab.

• Tier 1 - Between 10 - 99.99 WAX spent = +4%

• Tier 2 - Between 100 - 999.99 WAX spent = +8%

• Tier 3 - Greater than 1000 WAX spent = +12%

Market fee reimbursements. By using our market tools to purchase NFTs your account is eligible to receive a reimbursement of the market fees paid in FLEX. For example, if you buy an NFT for 100 WAX this would generate a 1% (1 WAX) market fee automatically paid to us. The amount of any market fee paid to us will be paid back to you in the equivalent amount of FLEX added to your FLEX wallet. Currently, the system for automatically paying out this reward is not yet active, however, APIs are keeping track of the amount of WAX fees generated by each user and all valid amounts will be paid retroactively once the system is online.