Golden Finance reports that Chain Abstract L1 XION officially released a white paper and token economics. The total supply of XION tokens is 200 million, and the initial circulation is 25,559,333, accounting for 12.78%. The remaining 87.22% of the tokens will be unlocked over time. Among them, ecological incentives and project incubation account for 23%; strategic investors account for 26.81%; teams account for 20%; protocol development and foundations account for 15%; communities and Launch account for 15.19%. As a utility token, XION's functions include: network gas, node staking, governance, cross-chain fee settlement, mortgage and liquidity. XION supports a new Proof-of-Abstraction consensus mechanism, which improves security through abstraction and solves the trade-off between security and accessibility of traditional Proof-of-Stake.