The Big O Show ft XProject

The Spaces centered on X Pad’s launch on Base and a new, on‑chain revenue‑sharing model designed to reward long‑term holders, active traders, and creators. Cross (X Pad team) outlined three mechanisms across a token’s lifecycle: a bonding-curve phase with a 1% fee (70% to treasury, 30% to early holders + a graduation pool); post‑launch dynamic trading fees that fall as LP grows (≈3% when LP <5 ETH, 2% at 5–10 ETH, 1% at 10–20 ETH, 0.3% when >20 ETH); and a fee allocation that channels value back to users: 25% treasury, 25% conviction pool (early/diamond‑hand holders), 20% creator, 10% “smart money” cashback for the top‑50 traders via on‑chain Merkle proofs, 10% buyback for the forthcoming token replacing “exercise,” and 10% graduation carryover. Cross emphasized passive income for holders (example: $1M daily volume at 0.3% yields ~$3,000/day fees; ~55% to holders ≈ $1,650/day) and encouraged “leave a moon bag” behavior. The referral program is live (Rewards > Referral Program), always on; host Bigo verified after a hard refresh. Roadmap: launch of “X Shot” with a 1:1 airdrop for current holders once platform metrics strengthen; possible future merge of X Pad and X Shot; creator website builder (free templates or AI-built option mentioned at $49; later referenced $9 premium), SEO via subdomains; market‑making in progress; outreach to the Base ecosystem; domain not flagged and integrations with MetaMask/Trust Wallet. Deep links with referral codes are planned.

XPad Twitter Space Recap – Revenue Sharing, Dynamic Fees, Referrals, and Roadmap

Participants and Context

• Host: Bigo/Vigo (community host; referred to as both "Bigo" and "Vigo" during the session)
• Guest: Cross (also addressed as “Expat” by the host), a core contributor to XPad
• Setting: Unplanned, short update space; focus on platform status, tokenomics/revenue sharing, creator tools, referrals, and roadmap. Recording enabled.

Platform Status and Direction

• XPad is live on Base. Team emphasizes smooth, low-cost trading on an EVM chain. Ongoing upgrades/fixes are expected (normal project lifecycle), but as of today the platform is described as solid.
• Strategic focus: Build real usage and fee revenue first, demonstrate traction, then execute the next token step (XShot) and broader marketing/outreach with the Base ecosystem.
• Ecosystem posture: EVM-first (Base + Ethereum), with possible multi-chain additions based on demand.

Revenue-Sharing Architecture and Tokenomics (Core Updates)

• Overall goal: Reward “diamond hands” (conviction holders) and active participants, encouraging long-term holding (keep a moon bag) rather than full exit, while still compensating creators and the platform.

• Three complementary mechanisms across bonding and post-graduation phases:

  1. Conviction-based rewards for early/long-term holders (during bonding curve and post-graduation).
  2. Dynamic fee sharing via smart contracts that allocate the majority of collected fees to users (holders) and creators.
  3. A “Smart Money” cashback pool for top traders (on-chain, Merkle-proof based).

• Dynamic fee tiers by liquidity (ETH in the pool, used as the reference; loosely correlates with market cap):

  • LP < 5 ETH: 3% fee
  • 5–10 ETH: 2% fee
  • 10–20 ETH: 1% fee

  • 20 ETH: 0.3% fee (designed to be negligible for serious projects to foster higher-volume, low-friction trading)

  • Special case: WOJAK launched under legacy parameters and is currently at 5% fees; planned reduction to 1% after it surpasses a stated market cap milestone (~$2M; guest noted this as an approximate threshold).

• Illustrative economics (example shared):

  • At $1,000,000 daily volume and 0.3% fee, total daily fees = $3,000.
  • Creator receives 20% of fees: $600/day ($18k/month) for development/marketing.
  • Holders receive 55% of fees: ~$1,650/day in aggregate passive income.
  • Remaining fees go to treasury and other pools per the split below.

• Stated fee split (for collected fees) – current implementation breakdown:

  • 25%: Treasury
  • 25%: Conviction pool (rewards for early/holding conviction)
  • 20%: Creator
  • 10%: Smart Money (top-50 trader rewards; Merkle-proof, on-chain)
  • 10%: Buyback of the upcoming new token (to replace the current one)
  • 10%: Graduation carryover (to reward “diamond hands” at/beyond token graduation)

• Additional notes and clarifications from the guest:

  • Majority of fees go to users and creators; guest stated “75% to creators + holders,” and within that, “55% to holders.” The line-item split above also includes trader rewards, buybacks, and carryover—an article will clarify exact mappings across stages.
  • Smart Money pool: Rewards the top 50 traders by volume over a period (all on-chain via Merkle proofs). 10% of collected fees flow into this pool, and qualifying wallets claim pro rata. Volume across tokens on XPad contributes to standing (example given: WOJAK after graduation and other tokens contribute volume).
  • Conviction and graduation pools: Designed to ensure early and sustained holders continue to benefit during bonding and after a token “graduates.”

• Intended behavioral impact:

  • Encourage profit-taking without total exit: Take initial/principled profits, but leave a moon bag to benefit from ongoing fee sharing.
  • As platform volume scales (guest cited the possibility of scaling 1,000x with multiple active tokens), these passive earnings become more meaningful for holders and creators alike.

Referrals, Integrations, and Creator Tools

• Referral program

  • Status: Live and not time-limited (always on).
  • Access: Rewards page → “Referral Program” tab (host needed a hard refresh to see it; then it appeared correctly as a separate tab).
  • Deep links: Host requested token-specific deep links that embed the ref code. Guest confirmed it’s feasible (“deep links”) but not yet implemented—will coordinate via DM and scope implementation.

• Creator website builder (ready, not yet deployed)

  • Free option with templates.
  • Premium/AI-generated option mentioned at $49; later a “premium service” was referenced at $9—pricing to be clarified in official materials.
  • Subdomain pattern: .expat.fund
  • Rationale: Ease for creators; SEO advantage for XPad via many quality backlinks (important for domain trust and discovery).

• Wallets and safety

  • XPad domain is not flagged, enabling smooth wallet connections.
  • Integrations: Trust Wallet and MetaMask already connected; broader network relationships are being built.

• Ecosystem outreach and market depth

  • Actively engaging Base ecosystem stakeholders and large accounts; plan to seek endorsements once volume/metrics strengthen.
  • Market making: Team is working to implement programmatic market making options to deepen liquidity and improve trading experience.

Token Plans and Roadmap

• New token “XShot” to replace the current token (guest often said “exercise/EXERS” for the existing token):

  • Airdrop: Planned 1:1 airdrop to current holders when the new token launches.
  • Timing: No date provided. Priority is to perfect XPad, grow users/fees, increase attention, then launch at the right moment.
  • Consideration: Guest is contemplating merging XPad and XShot functionality to avoid repetition (e.g., allowing any EVM contract to trade within XPad would largely replicate XShot’s utility). No decision yet.

• Brand/mascot mention:

  • Guest referenced XCU/XEO as the XPad mascot/token context (on Ethereum). Weekly chart described as “healthy with a dip.” Market not hot yet, but confidence remains that momentum will return as the ecosystem strengthens.

Host Community Tools and Planned Use

• The host has Telegram group infrastructure with embedded “Buy” buttons and additional engagement tools (including trivia). Goal: Keep users in-group to maximize conversion.
• Once XShot is live, the host intends to route all ETH/Base token buy flows to XShot (not Uniswap), leveraging referrals where possible and, ideally, deep links tied to specific tokens with the ref code.

Communications and Next Steps

• Upcoming materials

  • Article(s) to clearly explain the fee model, pools (conviction, graduation, Smart Money), and dynamic tiers across stages.
  • Official AMAs to walk through the updated model and the XShot relaunch plan.

• Action items

  • Team: Publish the detailed tokenomics/fee-sharing article, including exact percentages and stage-based behaviors.
  • Team: Implement token-specific deep links supporting referral codes; coordinate with the host’s technical needs.
  • Team: Deploy the creator website builder; finalize and communicate pricing (clarify $49 AI option vs $9 premium reference).
  • Team: Continue Base ecosystem outreach; formalize market making.
  • Team: Announce XShot launch plan and mechanics for the 1:1 airdrop to current holders once platform traction targets are met.

Open Questions/Clarifications (Acknowledged by the Guest)

• Exact mapping of the stated “55% to holders” within the detailed pool split, across bonding vs post-graduation phases (will be clarified in the article).
• Smart Money pool specifics: precise measurement period and whether standings are per-token or cross-platform for rewards computation.
• WOJAK’s special-case fee timeline and the exact market cap threshold for reducing fees to 1%.
• Creator website builder pricing discrepancy ($49 AI-generated vs “$9 premium”) to be reconciled in official documentation.
• Potential XPad/XShot merge: strategic decision and implications for user flows, referrals, and deep linking.

Key Takeaways

• XPad is live on Base with a working, evolving platform and a novel revenue-sharing model aiming to realign incentives for holders, traders, and creators.
• The dynamic fee model lowers friction as projects mature (down to 0.3%), while still generating meaningful passive income for holders and budget for creators.
• Referrals are live (always-on) and will be deepened with token-specific deep links. The host plans to direct group traffic to XShot once it launches.
• A creator website builder with SEO benefits is ready, pending deployment; integrations with major wallets are in place, and the domain is not flagged.
• The new token (XShot) with a planned 1:1 airdrop is coming, but only after demonstrating platform traction; a possible functional merge of XPad/XShot is under consideration.
• Expect detailed articles and AMAs to clarify the full model and forthcoming launches.