Validators process transactions and receive fees from users (supply-side fees).

XPLA is a smart contract platform for decentralized applications (a blockchain). XPLA was founded by MetaMagnet Limited and launched in 2022.

XPLA holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue).

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XPLA

# XPLA Maximum token supply Methodology

## 1. Overview

The XPLA maximum token supply metric represents the theoretical maximum number of XPLA tokens that can exist according to the protocol's tokenomics design. This is a predetermined constant value set at the protocol level, not a dynamic calculation based on blockchain activity. The metric answers the question "What is the hard cap on XPLA token supply?" and uses a simple hardcoded approach since this value is fixed by protocol design.

## 2. Data sources

- **Protocol documentation**: XPLA's official tokenomics specification defining the maximum token supply
- **Token contract specifications**: Smart contract parameters that enforce the supply cap
- **Protocol launch records**: Official documentation of XPLA's token launch date and initial parameters

## 3. Step-by-step calculation

### Component A: Protocol constants definition
- **Purpose**: Establishes the fixed parameters for XPLA's token supply ceiling
- **Logic**: The calculation sets three hardcoded values based on XPLA's protocol design: the token launch timestamp of October 21, 2022 at 00:00:00 UTC, a daily reporting granularity, and the maximum supply of 2,000,000,000 tokens (2 billion). These values represent protocol-level constants rather than dynamic calculations.
- **Key fields**: `timestamp` set to launch date, `timestamp_grain` set to daily, and `token_supply_maximum` set to 2 billion tokens

### Final aggregation
- **Combining components**: No combination needed as this uses a single hardcoded value
- **Currency conversion**: Not applicable - this metric is denominated in token units, not USD
- **Time aggregation**: Uses fill-forward strategy to propagate the constant maximum supply value across all time periods from the launch date onwards
- **Final calculation**: The maximum token supply remains constant at 2,000,000,000 XPLA tokens from October 21, 2022 forward, representing the theoretical ceiling that cannot be exceeded according to protocol rules

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

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