December 2022 Scheduled Release of BDX

BELDEX
3 min readJan 28, 2023

--

Read about BDX scheduled release in December 2022. The BDX allocated for ecosystem development are released every quarter.

BDX Scheduled Release for December 2022

The BDX allocated in various reserve wallets such as ecosystem development, seed & VC, team, marketing, legal are released pursuant to their release schedules.

The following gives an overview of the scheduled release for December 2022 and the percentage of total funds held in these wallets.

Ecosystem Development — 34.72%

130680000 BDX (3.3% of total ecosystem development funds) was released on December 31, 2022.

Remaining BDX in Ecosystem Development Wallet: 3437280000 BDX

Seed & VC — 10%

No BDX was released from the Seed & VC wallet, and thus the allocated BDX remains the same.

Remaining BDX in Seed & VC wallet: 990000000 BDX

Team — 6%

Team’s BDX allocation is locked. It had a 2 year cliff beginning from Dec 10, 2021 and ending on Dec 10, 2023. Thus, there is a remaining cliff period of approximately 11 months & then the 18 month linear vesting will begin.

Remaining BDX in Team wallet: 594000000 BDX

Marketing — 4%

297000000 BDX was released from the marketing wallet in Q4 2022 for marketing activities.

Remaining BDX in Marketing wallet: 396000000 BDX

Legal — 0%

49500000 BDX was released from the legal wallet in Q4 2022 for legal and registration purposes.

Remaining BDX Legal wallet: 0 BDX

In Circulation — 45.28%

4482720000 BDX

How to Verify the Allocated BDX

You can verify the allocated BDX in their designated wallets using the view key given below.

The view key feature is available only for CLI wallets. Thus, you need a Linux system and Beldex CLI wallet installed to view the allocated BDX.

Guide to Restoring A Wallet From ViewKey:

A. Download the corresponding binaries from the Git repository link below:

https://github.com/Beldex-Coin/beldex/releases

B. Extract the binaries and navigate to the folder and run the command below:

./beldex-wallet-cli — generate-from-view-key wallet_name — daemon-address explorer.beldex.io

Please replace “wallet_name” with any name of your choice.

Once you run the above command, you will be prompted to enter standard address, secret view key and wallet password as highlighted in the screenshot below:

C. Enter restore height as 100000 and let the wallet sync to the current block (it won’t take much time)

D. Once the wallet is synced you can view the balance as shown in the screenshot below:

For a detailed guide on restoring a CLI wallet, check the documentation here: https://docs.beldex.io/wallets/guides/cli-restoring-wallet-from-keys

Designated Wallets with Funds

Ecosystem Wallet

Address:

bxc1fytBXshYWi7f3Cb62Gbq3MoQ6QJg32NHdcKSRqva5jozPAWaYGMXi7FMH2fFSqC7nzYjHHvriVvJNLFhuDKb2vPG125xS

ViewKey:

db47048d5cc8f921edb9568ebb22108643f60e52520174a59133ddfaba78dc00

Balance: 3437280000 BDX

Seed & VC Wallet

Address:

bxdBhhg7akrTf8WHmxDipnXMq92p94wL6Zx3H9ZFjsZbDcPXY3MCJwhhYcLfoyouhngZupFJbDSbwdWN2b7CBdjF2d5t8VBVg

ViewKey:

cf6d7af5f6beec241096ac5a0fc0af4b4a0eb4f87a9b2dc28cfd3003d12d1100

Balance: 990000000 BDX

Team Wallet

Address:

bxd7EBDC8WTJfA8umiz4cWSZtT4jcqgirGKn4zezLEAQ7onukA48yPzWC8izqG3jfLV3kGMggU1aHYEVSQKcAt8j23XdkYV58

ViewKey:

b0d77970bf9779495d243971df803bcabe0f9c47241af058bc39154393d4cb0e

Balance: 594000000 BDX

Marketing Wallet

Address:

bxcKZjUNu2m8899SvkfWAv7Vxic6qhq23Kt9e9dzZQ2Egy71cVA24uKRVTQ7UJRsMX7aCnr9ePTwjPgTsPU21pbN2ttEVstvy

ViewKey:

6428fbf9dcf72c1ebc68fed7c385b111c2e764ae0e4132bca630f93d00a0460d

Balance: 396000000 BDX

Legal Wallet

Address:

bxcivm5d8USGPBx9o9GA316UHpdVx9QH3WWPREg2XAr37mBDy5AvXSZPgcQTagzEjJjMnUUgvG81cDw1mNnDFLHb27vxmLkXT

ViewKey:

499ec96ccbede069c8346a9377a3cdfcd99f4ed467286f50d5d9b622f3987c01

Balance: 0 BDX

Tokenomics / Past Token Release Announcements:

Release of tokens in Q1, Q2, and Q3 2022: https://beldexcoin.medium.com/beldex-tokenomics-update-2d2e40c2e6e9

Tokenomics post the Bucephalus POS Hardfork (Dec 10, 2021): https://beldexcoin.medium.com/beldex-tokenomics-a9a8001c783b

Follow us on

Telegram | Twitter | Discord | Facebook | Instagram | LinkedIn | Medium | CoinMarketCap

--

--

BELDEX

Bulding privacy-enhanced decentralized applications with BChat, BelNet, Beldex Browser & the Beldex Privacy Protocol