XDC Staking and Tokenomics -- Improvement Proposal: Enhancing Sustainability and Decentralization on the Eve of XDC 20
<|reference_start|>XDC Staking and Tokenomics -- Improvement Proposal: Enhancing Sustainability and Decentralization on the Eve of XDC 20: As the XDC network celebrates five years of stable mainnet operation and prepares for the highly anticipated launch of XDC 2.0, this research proposes a comprehensive improvement plan for the network's staking and tokenomics mechanisms. Our analysis reveals opportunities to optimize the current model, ensuring a more sustainable, decentralized, and resilient ecosystem. We introduce novel concepts, including validator NFTs, decentralized governance, and utility-based tokenomics, to increase validator node liquidity and promote staking participation. Our proposal aims to establish a robust foundation for XDC 2.0, fostering a thriving ecosystem that rewards validators, stakeholders, and users alike. By addressing the intricacies of staking and tokenomics, this research paves the way for XDC to solidify its position as a leading decentralized network, poised for long-term success and growth.<|reference_end|>
@article{nguyen2024xdc,
    title={XDC Staking and Tokenomics -- Improvement Proposal: Enhancing
  Sustainability and Decentralization on the Eve of XDC 2.0},
    author={Van Khanh Nguyen},
    journal={arXiv preprint arXiv:2409.07420},
    year={2024},
    archivePrefix={arXiv},
    eprint={2409.07420},
    primaryClass={cs.CR}
}