Former Revolut team’s Extended unveils XTEN tokenomics: 30% airdrop with full unlock at TGE, up to 5x additional yield boost for staking

Extended, a perpetual decentralized exchange (DEX) built by former Revolut core technology and finance team members, has released the full tokenomics for its native XTEN token ahead of its token generation event (TGE). Total supply is permanently capped at 1 billion XTEN with no inflation or additional minting, while 300 million tokens (30% of supply) are allocated to community points-program participants and will be 100% unlocked at TGE, keeping free float at no more than 30% (32.9% of supply unlocked overall). Staking goes live at TGE with a six-tier chess-rank league system (500 XTEN minimum) offering fee discounts from 5% to 30%, an extra 10% discount for paying fees in XTEN, and vault yield boost multipliers ranging from 0.5x to 5x on deposits up to $2 million. The remaining supply includes 200 million tokens for the ecosystem (150 million to a release reserve funding all staking rewards, 50 million to an ecosystem fund) and 500 million (50%) to founders, team, and investors, locked for 12 months then vesting linearly over 36 months. Extended has also natively integrated Circle's Cross-Chain Transfer Protocol (CCTP) on the Arc network, enabling burn-and-mint cross-chain transfers without wrapped bridges. Watch for the terms-signing window for airdrop claims, the full token release schedule before TGE, and the activation of XTEN fee-payment discounts and validator delegation after launch.