Claim

To maintain the long-term stability and value of $HOLD currency in xHOLD, we have implemented a meticulous design for the introduction of additional $HOLD tokens into circulation. This approach is crucial in averting the potential inflationary effects on the $HOLD currency.

Balancing Supply and Demand:

• Fixed Daily Allocation: The amount of $HOLD available for withdrawal is fixed each day, creating a stable supply.

• Dynamic User Demand: Recognizing that user demand for $HOLD withdrawals can fluctuate, we have instituted measures to manage this variability effectively.

Withdrawal Parameters and Queue System:

• Minimum Withdrawal Limit: A minimum withdrawal amount of 10,000 HOLD is set to ensure an orderly and fair process.

• Queuing Mechanism: To manage the conversion of HOLD into $HOLD, a queue system is implemented. Users will join this queue upon placing a conversion order.

Conversion Order and First Come First Serve (FCFS) Mechanism:

• Order Limit: Each user is allowed to execute a conversion order of 10,000 $HOLD at a time. Once their order is complete, they may place another.

• Sequential Processing: The FCFS mechanism is applied to process these orders. This means that orders are fulfilled in the order they are received.

• Queue Length Impact: The time it takes to receive $HOLD tokens may vary depending on the queue's size. A larger queue might result in a longer wait time.

This system ensures that the release of $HOLD tokens into circulation is controlled and equitable, aligning with our commitment to maintaining the currency's stability and value in the xHOLD ecosystem. By implementing these measures, we aim to provide a fair and orderly environment for all our users.