Instead of a premine or development fee,
a minority portion of each block reward is shared
with a stakeholder-governed COMMUNITY GROWTH FUND where decisions are made transparently and by consensus regarding which tasks
and work projects to prioritize.
In the first phase, the Community Growth Fund pays for development work and exchange listings. In its second phase,
the Community Growth Fund will subsidize exponential onboarding growth, including "pay-it-forward" rewards to incentivize
user mass adoption. In its third phase, funds will be earmarked for actively managing the value of XKR under the hybrid Currency Board model which provides stablecoin features and facilitates enhanced use-case adoption. At all times, infrastructure maintenance and core development continue to be funded as well.