XDC · an uncapped chain that barely inflates.
XDC is the native coin of the XDC Network, a trade-finance layer-1 run by 108 masternodes. There is no hard cap: about 19.95B trade freely, and roughly 18.1B more sits in reserves that unlock once a year.
Sell pressure. Masternodes mint ~18.83M XDC over 90 days as block rewards — the only real new supply. No vesting cliff and no reserve release land in the window.
Buy pressure. Almost none. There is no buyback, and the two fee burns are live but tiny on sub-cent fees.
Net. About +0.09% to market over 90 days — barely moving, a slow drift up against no ceiling.
Masternodes mint 5.5 XDC every block as their reward, and this is genuinely new supply — the chain has no fixed cap. Blocks close every 2.27 seconds on-chain, not the 2 seconds on paper, so the real rate is about 18.83M XDC over 90 days, roughly 76M a year. This is the only meaningful new-supply force on the network.
Investor and team tokens unlock once a year on Feb 5. The Feb 5 2026 lot of about 841M has already passed and the next one is Feb 5 2027, so no cliff lands inside this window.
About 18.1B XDC still sits outside the circulating supply — Founder and team (~29% of the genesis mint), Ecosystem Development (~26%) and Contingency (~9%) reserves. It only moves on the yearly Feb 5 cliff, which is out of window, and no discretionary release was seen in the last 90 days.
No bankruptcy estate or court-ordered distribution holds XDC, so there is no trustee release to track.
XDC Network runs no buyback. Neither the protocol nor the foundation operates a contract or programme that repurchases XDC from the market.
Two burns are live — an EIP-1559 base-fee burn added in the January 2026 Cancun upgrade, plus a long-standing 20% burn on smart-contract fees. But XDC fees are a fraction of a cent, so the amount destroyed over 90 days is well under 0.5M XDC — the on-chain supply grows at almost exactly the gross mint rate, which means burns barely register today.
No public evidence of release in window — monitored.
The masternode set held steady at 108 validators, each locking 10M XDC, so no new collateral was locked up in the window. Masternode stake can also be withdrawn, so it is not a permanent lock.
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