> For the complete documentation index, see [llms.txt](https://nexon-3.gitbook.io/nexon-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexon-3.gitbook.io/nexon-docs/zh/di-wu-bu-fen-jing-ji-mo-xing/05-tokenomics/distribution.md).

# 分配与释放

私募三档、3:1 配置、0.1 U 认购 1.0 U 上线，以及 1,095 天 / 2,190 次的线性释放。

## 私募到上线 <a href="#from-private-sale-to-listing" id="from-private-sale-to-listing"></a>

| 阶段     | 价格                | 发生什么                                      |
| ------ | ----------------- | ----------------------------------------- |
| **私募** | 固定 `0.1 U`，按档位限量  | 唯一的 EXON 获取渠道；认购与 XO 质押按 3:1 配置，两条收益线同时开跑 |
| **上线** | `1.0 U`，认购价的 10 倍 | NEX 现货开放，只挂卖单、不挂买单；当日起首日释放                |
| **释放** | —                 | 上线当日起 1,095 天逐日释放，每 12 小时到账一次，共 2,190 次   |

## 私募的三档 <a href="#the-three-tiers" id="the-three-tiers"></a>

<figure><img src="https://26745586-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSPRnzOZ0pIlTA0ndFgvc%2Fuploads%2Fgit-blob-a80d3a651b6ddab78b3d1abd913bc5705e91a413%2Fonepage-06-sale-tiers.svg?alt=media" alt="私募三档：认购 1,000 U 得 10,000 枚，配质押 333 U，限额 10,000 份；5,000 U 得 50,000 枚，配质押 1,666 U，限额 1,000 份；10,000 U 得 100,000 枚，配质押 3,333 U，限额 500 份"><figcaption><p>三档共 11,500 份，合计 2,000 万 U，对应 2 亿枚 EXON</p></figcaption></figure>

|     认购档位 | 配置 XO 质押 |     合计投入 |   获得 EXON |    每日释放 |           限额 |
| -------: | -------: | -------: | --------: | ------: | -----------: |
|  1,000 U |    333 U |  1,333 U |  10,000 枚 |  9.13 枚 |     10,000 份 |
|  5,000 U |  1,666 U |  6,666 U |  50,000 枚 | 45.66 枚 |      1,000 份 |
| 10,000 U |  3,333 U | 13,333 U | 100,000 枚 | 91.32 枚 |        500 份 |
|   **合计** |          |          |  **2 亿枚** |         | **11,500 份** |

配置的质押金额取整数部分；上线后配置比例切换为 1:1。EXON 总量 10 亿枚，私募只放 2 亿枚，占 20%，售完即止。

## 线性释放 <a href="#linear-release" id="linear-release"></a>

一份额度 `A` 在 **1,095 天**内释放完毕，每天两次，共 **2,190 次**：

```
D = A ÷ 1,095                  每日释放量
R_epoch = D ÷ 2 = A ÷ 2,190    每次释放量
```

<figure><img src="https://26745586-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FSPRnzOZ0pIlTA0ndFgvc%2Fuploads%2Fgit-blob-958818562ecc1b083db5854d9f23beef5946036c%2Fonepage-07-linear-release.svg?alt=media" alt="认购 30,000 U → 300,000 枚，1,095 天逐日到账：第 365 天累计 100,000 枚，第 730 天 200,000 枚，第 1,095 天 300,000 枚"><figcaption><p>释放是一条直线：满一年三分之一，满两年三分之二，第 1,095 天走完</p></figcaption></figure>

释放出来的 EXON 进入现货账户，可以持有，也可以在 NEX 卖出。

{% hint style="success" %}
**释放曲线是一条直线，不是一个台阶。** 没有悬崖式解锁，也没有加速段。整个私募的 2 亿枚，每天固定释放 18.26 万枚，供给节奏完全可预期。
{% endhint %}

*上一节：*[*EXON —— 流通引擎*](/nexon-docs/zh/di-wu-bu-fen-jing-ji-mo-xing/05-tokenomics/exon.md) *· 下一节：*[*质押与收益*](/nexon-docs/zh/di-wu-bu-fen-jing-ji-mo-xing/05-tokenomics/staking-and-returns.md)


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