Treasury, Delegation, and Validator Licenses

In most blockchain ecosystems, the money flows upward — toward miners, early investors, or “foundations” that operate more like private corporations. But in Xcoin, it flows back to the people who actually keep the system running.

That begins with the treasury.

The Treasury

All protocol-level funds — including fees, grants, and system rewards — flow into a shared treasury, fully controlled by the DAO. There is no single wallet. No CEO. No inner circle. Every coin in the treasury is governed by public proposals and community votes.

Want to fund a new privacy feature? Launch an outreach campaign? Hire an independent auditor?

It all begins with a proposal to the DAO — and ends with a vote.

Every inflow and outflow is recorded on-chain, visible to everyone. No backroom deals. No untraceable grants. Just math, code, and community oversight.

Delegation and Incentives

Not everyone wants to vote on every proposal. That’s normal. In Xcoin, you can delegate your voting power to someone you trust — a researcher, a developer, an activist, a validator — without ever handing over your tokens. This gives the system flexibility and scale, while still respecting ownership and autonomy.

Delegates are accountable. Their votes are transparent. If they misuse your trust, you can revoke it instantly.

This is governance that adapts to you — not the other way around.

Validator Licenses

In traditional systems, validators compete for block rewards. In Xcoin, they apply for a license — and they earn it through DAO approval and token staking.

Here’s how it works:

  • Anyone can apply to become a validator by submitting a license request to the DAO.
  • The community reviews the application: technical specs, internet speed, location, and such.
  • If the DAO approves, the validator is granted a license — free of charge until mainnet launch. After that, staking XXX Tokens may serve as a public bond — signaling a commitment to honest behavior, subject to DAO confirmation.
  • Misbehave, and your license can be revoked. Act in good faith, and you earn community trust — and delegated votes.

No mining. No gas wars. No hardware arms race. And no wasteful energy burn.

Just honest, energy-efficient nodes, elected by the community, and held to account by the system itself.

In Xcoin, money doesn’t create power.

Participation does.

And the treasury, the licenses, the delegation model — they’re all designed to make sure that the people who care the most are the ones who shape what comes next.

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