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Xai Chronicle

Key-split proposal targets entry cost, not aggregate rewards

A community proposal by ccc put Sentry Key denomination under review. The author reported 35,178 keys minted against a 50,000 cap, more than 6,400 holders and a current entry price of approximately 1.43 ETH. The proposed 1:100 split would raise the cap to 5,000,000, multiply each sale tier's inventory by 100 and divide its unit price by 100. Existing holders would receive 99 additional keys per key, preserving their proportional ownership at the change rather than creating a new economic windfall.

A community proposal by ccc put Sentry Key denomination under review. The author reported 35,178 keys minted against a 50,000 cap, more than 6,400 holders and a current entry price of approximately 1.43 ETH. The proposed 1:100 split would raise the cap to 5,000,000, multiply each sale tier's inventory by 100 and divide its unit price by 100. Existing holders would receive 99 additional keys per key, preserving their proportional ownership at the change rather than creating a new economic windfall.

The accompanying mechanics scaled staking capacity down by the same factor and reduced the base winning probability from 1% to 0.01%. The author intended the larger key count to offset that smaller per-key allocation and proposed restoring referral incentives. This was a change to granularity and distribution, still open for feedback. Adoption would depend on the full acquisition cost, reward economics and implementation; a lower displayed unit price alone would not make the exposure cheaper per unit of expected rewards.