📊 Token Distribution

The input token is Ethereum, and the $GENIE supply is permanently capped after ten days. As more Genie tokens are burned, more Bitcoin backs their value. This ensures $GENIE isn’t just an empty token—it’s actively backed by Bitcoin.

ETH Distribution

Day 1 to 10 (from mining)

• Genie Reward Pool: 60%

• Buy-and-Burn: 20%

• Liquidity: 8%

• Affiliate Incentivization: 8%

• Genesis Wallet: 4%

Day 11 Onwards (from auctions)

• TitanX/ETH Reward Pool LP: 35% (up to 70%)

• Genie Reward Pool: 35% (up to 70%)

• Buy-and-Burn: 10%

• liquidity: 8%

• Affiliate Incentivization: 8%

• Genesis Wallet: 4%

Note: A user DAO—which votes using “magic points”—decides how much of the rewards go into the TitanX/ETH Reward Pool LP and how much goes to the Genie Reward Pool (for straight WBTC). This voting mechanism ensures a fair and transparent distribution between these two pools, allowing each to potentially scale up to 70%.

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LP Fees Distribution Overview

Purpose

During the perpetual auction phase, rewards for the 2028 Bitcoin Halving are stored in Bitcoin and a TitanX/ETH LP pool. This pool generates fees that fuel protocol growth, positioning it as a Yield Value Generator that creates ongoing value for the protocol and the TitanX ecosystem. The ETH fees buy Bitcoin for the Genie Reward Pool, and the TitanX fees are used in the buy and burn.

TitanX Fee Allocation Breakdown

100% of the LP fees are used in the buy and burn in the following way:

1. 20%: Buys and burns TitanX

2. 20%: Buys and feeds Volt, sending it to the Treasure Volt.

3. 60% Buys and feeds Genie

   • 50%: Buys and burns Genie

   • 30%: Allocated to the Genie Treasury

   • 20%: Feeds the Daily Drip

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Bitcoin Genie Token Distribution

• Maximum Supply: The total supply of $GENIE is capped after the 10 day mining

• Perpetual Auction: From day 11 onwards there is a perpetual auction model

• Mining Period: Only 10 days then supply capped

• Extra Token Allocation:

  • 7% of mined tokens are minted to the Genie Treasury.

  • 7% are minted to the Liquidity Wallet on the first three days ONLY

• Supply Cap: After Day 10, the total supply of Genie tokens is permanently set and will never increase.

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Protocol Mechanics

• Mining Phase: During the first 10 days, users can select either a 1-day miner or a 15–30 day miner.

• Perpetual Auction: Starting on day 11, daily Genie token auctions are held. These are initially funded by 7% of the mining supply and sustained by 30% of the buy-and-burn proceeds.

• Auction Treasury Release Schedule: 10% of the total treasury balance is made available daily for the perpetual auction system.

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Summary of Key Mechanics

• ETH Allocation: 60% to 70% value is held in the Genie reward pool.

• Genie Supply: Capped after 10 days, with perpetual auctions starting on Day 11.

• Mining Phase: Users choose 1-day or 15–30-day miners with potential bonuses for delayed gratification.