1,000,000,000 xXx on ERC-20

Introduction

Who are we?

‘ETF-Formed Staking Products’ is a decentralized protocol that allows users to track in real-time an index of various valuable staking products on various DApps across the world. Users can also check the portfolios of Black Whale, a fund managed with xXx tokens. The ETF-Formed protocol ensures that there is always enough collateral to cover the product portfolios by decentralizing the minting of products and allowing users to open positions and deposit collateral. In addition, ETF-Formed tokens disclose the real assets of the tokens to support traders in owning or trading these assets.

THOUSAND ISLANDS ETF DERIVATIVES BLACK PAPER

1STDefi Protocol/ETFDerivatives

Supports

We are the world's first Defi protocol based on crypto ETF derivatives.

ETF Derivatives

Users are able to mint ETF tokens that will be designed to track the index of various and valuable coins from multiple exchanges around the world in real-time.

Referral Allowance

The user referred participates in a)staking, liquidity pool or b) active income Program, a)2 - b)3% of participants’ APR will be rewarded to the referral user

Staking

Users can earn APY(APR) through various staking programs

Governance

Users are able to vote on protocol topics such as synthetic asset listings, fee revenue splits, collateral ratio, PAO, various ETF portfolios and other xXx improvement proposals

Liquidity Provision

Users can receive incentives and rewards by providing liquidity

Synthetic Assets

Users can create synthetic assets to receive LP and use them to receive rewards

DAO & PAO

Existed or new projects can collaborate with xXx through governance voting

Collateral Minting

Users are able to use xXx and USDT as collateral to mint ETF derivative products

Active Income

Users can get active APY(APR) through active income

Tokenomics

Category	Rewards (Mining & Staking)	Ecosystem	Public Sale	Private Sale Round A	Private Sale Round B	Exchange Liquidity	Team	Advisor	Reserve
Allocation	40%	5%	0.43%	7%	3.5%	15%	10%	5%	14.07%
Amount	400,000,000	50,000,000	4,330,000	70,000,000	35,000,000	150,000,000	100,000,000	50,000,000	140,670,000
Lockup	Locked 2 weeks Vesting 5 years	Unlocked 5% 2 weeks after TGE Vesting 48 months	100% at TGE	5% at TGE, locked 2 months Vesting linear for 24 months	20% at TGE, locked 2 months Vesting linear for 24 months	Unlock 5% at TGE Vesting 12 months	Locked 12 months Vesting 36 months	Locked 2 months Vesting 36 months	Locked 6 months Vesting 48 months