PXN monetary policy · Supply & pre-offer
PXN supply: fixed cap, one-time genesis, no hidden mint
PXN has a hard cap of 1,000,000,000 coins. They are created once at genesis, then only transferred from the system treasury to member and partner vaults. No admin, owner or vote can mint extra PXN on top of the original supply.
1 PXN = 1 USD is the internal pricing convention. It is not a redemption promise; market price is free to move up or down.
1. Fixed cap & one-time genesis mint
Protocol rules (high level)
Monetary policy is coded into the core, not enforced by an “admin panel”.
- Hard cap: exactly 1,000,000,000 PXN.
- Genesis mint: a single protocol-controlled operation creates the entire 1 billion PXN supply in one shot. There is no second or later PXN mint – ever.
- No further PXN mint: after genesis, the PXN mint operation is disabled. From that point, the only allowed operation is to transfer existing PXN between vaults.
- No manual supply edits: no operator can “patch” balances or override the total supply. If there is no PXN in the treasury or in a vault, the transaction simply cannot happen.
The reference implementation and the system views expose supply information straight from the journal, so anyone can recompute the total and verify that circulating PXN never exceeds the 1 billion cap.
Supply overview (conceptual)
Before genesis, all fields are effectively zero. After launch this block will reflect live data from the PXN engine.
| Total cap | 1,000,000,000 PXN |
|---|---|
| Genesis status | Planned — no PXN minted yet at this stage. |
| Pre-offer band | 20–25 million PXN (subset of the 1B cap, not a separate pool). |
| Mint after genesis | Not possible. Mint function is disabled by design. |
When the system goes live, this page will simply describe what the journal already proves: total PXN created at genesis, total PXN still in treasury, and PXN circulating across member and partner vaults.
2. PXN pre-offer: allocation from treasury, not new printing
The PXN pre-offer is just controlled distribution of the existing genesis supply.
A working band of 20–25M PXN from the 1B cap is earmarked for the pre-offer. The exact number will be fixed inside that band, but in all cases:
- Pre-offer PXN come out of the genesis supply, not a second mint.
- Buyers pay with approved “cash-like” value: fiat via partners, admitted stables (USDT, later USDC / EURT), or selected high-liquidity crypto (BTC, ETH, XLM, SOL…).
- ProteonX transfers PXN from the system treasury vault to the buyer’s PXN pocket. No mint operation is called.
- Non-resident crypto used for payment (BTC, ETH, XLM, SOL…) is parked in system pools owned by IW / ProteonX, not as user balances.
- Forbidden as pre-offer payment: INV, VBC and other IW-native scarce assets. They are never consumed to buy PXN.
In other words, the pre-offer only moves PXN from “treasury” to “circulating”. The protocol never creates a second layer of PXN on top of the 1 billion cap.
3. DNA-level traceability & fraud-proof supply
Every PXN unit carries immutable DNA, so supply and flows can be proven from the ledger.
- Per-coin DNA. Each PXN is created once with a unique identity at genesis.
- No burn & re-issue tricks. Coins are not destroyed and re-minted under the same identity. They simply move between vaults as PXN operations.
- Deterministic journal. The core engine and internal audit tooling continuously recompute total PXN created, treasury balance and holdings per vault from an append-only journal. Users never see or touch the raw journal; they only see the aggregated supply view and live performance benchmarks.
- No “manual patches”. No operator can hand-edit balances. If the coins are not in your vault pockets, the transfer is rejected by protocol.
The result is simple: there is no way to create fake PXN or inflate supply behind the scenes. Either the PXN exist in a vault and can move, or they do not exist and the operation fails.
4. For institutional buyers & partners
If you are evaluating PXN allocations or connector deals as an institution, you are looking at a rail with hard-coded supply discipline.
- Fixed 1B cap, with one-time genesis and no discretionary mint.
- Clear separation between treasury, circulating PXN, and system pools.
- DNA-level traceability for audit, risk and compliance teams.
- No admin “god mode” to move or create coins by hand.
For institutional allocations or technical due diligence, please contact us by email and we will follow up under NDA with full technical and legal materials.
Important notice
This page is a technical overview of the PXN supply model and pre-offer mechanics. It is not an invitation to the public, not investment advice, and not a prospectus or offering document.
Any future PXN allocations will be conducted only through compliant counterparties and partners, under applicable regulations and jurisdictional restrictions. Access may be limited to professional or institutional participants.
The key guarantees remain: one fixed 1 billion PXN genesis mint, no further minting, and coin-level DNA traceability across the ProteonX ledger.