XRP: Xahau Initial Distribution Allocates 600 Million XRP, Here's What to Know

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XRP: Xahau Initial Distribution Allocates 600 Million XRP, Here's What to Know
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Xahau's smart contract sidechain represents significant milestone in XRPL evolution

However, the initial distribution of Xahau XRP to the Xahau Ledger launch parties is currently at the center of the discussion. For this purpose, 600 million XRP have been set aside.

According to the Xahau whitepaper, which details the distribution plan, 600 million XRP have been allocated to the launch parties to recognize their significant contributions. Upon Xahau's launch, the distribution will take place as follows: each of the eight Governance Game validator seats was allocated 12 million XRP. GateHub has been allocated 16 million XRP to improve DEX stablecoin liquidity. XRPL Labs has been allocated 160 million XRP for intellectual property support. The XRPL Foundation has been allocated 328 million XRP to safeguard the health of the XRPL protocol.

The Xahau XRP distribution approach, on the other hand, according to the report, highlights the launch parties' commitment to the network's growth and utility, which goes beyond short-term financial rewards for themselves.

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