SESSION TOKEN SWAP PROGRAM

THE DETAILS

The Service Node Bonus Program is rewarding existing Oxen Service Node operators and contributors for their contribution to the network and incentivising the transition of our node network to the new Session Network.

This program closed on May 9, 2025 at 00:00 UTC. A points snapshot was conducted at this time, and points accumulation has now ceased. It is no longer possible to register to participate, or modify the Ethereum address you registered with. For more more information about the migration and your SESH allocation, please see this FAQ.

30,000,000 Session Tokens will be awarded to participating Oxen Service Nodes upon Session Token’s Token Generation Event (TGE). This is equal to 12.5% of the Session Token total supply. To ensure dedicated community members staking long-term are sufficiently rewarded, snapshots have been captured since the 25th of September 2023. From this point onward, Oxen Service Node operators and contributors can start earning Staking Points. For stakers who register before January 31 2024, Staking Points will be backdated to the beginning of the snapshot period upon registration. Staking Points will continue to be accrued relative to the amount of OXEN staked. Program participants will receive part of the 30,000,000 Session Tokens proportional to their Staking Points.

40,000,000 additional Session Tokens have also been reserved for future node rewards. More details about these tokens will be released in the future. A further 30,000,000 Session Tokens are reserved for token swapping. If they choose, stakers are able to participate in this swap in addition to the incentive program. Swapping staked OXEN will be possible, so unstaking is not required to participate.