The $DXN token is the reward token distributed to those who use the DBXen. $DXN distribution is divided into one day long cycles - the first cycle reward pool being 10,000 $DXN tokens.
A new reward distribution cycle starts after 24 hours have passed since the previous cycle and at least one XEN burn is completed - this means that gap cycles can exist that do not contain any new $XEN burns, respectively do not distribute/unlock rewards. In this case, in the eventuality that multiple consecutive gap cycles pass, the distribution will resume with the reward amount that should have normally followed once a burn is made.
The reward pool decreases by ~0.2% per cycle, which means that after roughly 62 years of constant protocol usage the entire supply of ~5,01 mil. $DXN tokens will be unlocked. $DXN tokens held inside the protocol by users accumulate native token fees that are accrued every time a new $XEN burn is made.
The User Reward/Cycle stands for the rewards percentage that a specific user is entitled to receive for their contribution to a burn cycle.
It is determined by multiplying the total cycle reward amount by the number of batches that the user has burned (contributed) in that specific cycle. All of this is then divided by the total number of batches that have been burned in that cycle by all users.
The calculation proportionately and fairly distributes the rewards to all participants, based on the work/burn that each user has contributed.
