XIP-13 also proposes that Treasury Book decisions ultimately be governed by long-term stakeholders through staking-based governance.
The objective is simple:
Align operators, token holders, and the Foundation around growing offload, building treasury assets, and increasing the long-term value of the XNET ecosystem.
Read the proposal and join the discussion:github.com/XNET-Foundation/X…
Treasury assets could consist of:
- XNET
- USDC
- SOL
- BTC
- TAO
- Other governance-approved assets
Rather than value permanently leaving the ecosystem through burns, more value remains inside the protocol and can be deployed strategically over time.
One major goal is onboarding larger operators.
Many ISPs, MSPs, and enterprises prefer fiat payments over tokens.
Under XIP-13, approved operators could choose fiat payouts based on the monthly Clearing Price, while the Foundation receives the corresponding $XNET into the Treasury Book.
Result:
- Easier enterprise adoption
- Continued token support
- Reduced market sell pressure
The proposal introduces a monthly "Clearing Price."
Formula:
Clearing Price = BuyBack Value ÷ Monthly Emitted Tokens
This creates a transparent benchmark that can be used to:
- Guide buybacks
- Value operator rewards
- Determine when treasury accumulation may be more beneficial than open-market purchases
Today, a large portion of offload revenue is used for BuyBack & Burn.
XIP-13 proposes a different approach:
Instead of burning acquired $XNET, the Foundation could hold acquired tokens and/or USDC in a Treasury Book.
This creates an asset base that can support the network and potentially raise the long-term floor value of $XNET.
XIP-13 is now live for discussion.
The proposal introduces a new Treasury Book model designed to strengthen $XNET's long-term value, support large operator adoption, and improve governance.
The core idea:
- Keep buy pressure
- Build treasury assets
- Create a sustainable foundation for growth
Big day for XNET.
450 new APs were added today, bringing the network total to 4,049 deployed APs.
This marks the beginning of larger-scale deployments entering the ecosystem, with more already lined up.