# LP Formation and X28 Distribution

### LP Formation

The first 62,500,000,000 X28 to enter the Mizuchi smart contract will be used to create the initial liquidity pairs as follows:

* **MZI/X28 PAIR:** 25,000,000,000 $X28 will be paired with 25,000,000,000 $MZI to create the primary Uniswap v3 liquidity pool. This pool will be created via smart contract and owned by the Buy, Burn and Fuel contract.\\

* **MZI/TITANX PAIR:** 25,000,000,000 $X28 will purchase $TITANX and be paired with 25,000,000,000 $MZI to create a secondary Uniswap V3 liquidity pool. This pool will be created manually and the LP token will be owned by the liquidity injection contract.\\

* **MZI/LGNDX PAIR:** 5,000,000,000 $X28 will purchase $LGNDX and pair with 5,000,000,000 $MZI to create a Uniswap V2 pool as a liquidity bonding strategy with [Titan Legends](https://www.titanlegends.win). This pool will be created manually, and the LP token will be burned.\\

* The remaining 7,500,000,000 $X28 will be distributed to the $LGNDX Buy & Burn and Genesis according to the X28 distribution rules as described below.

### X28 Distribution

The X28 from user participation in Supply Creation and Perpetual Auctions will be used as follows:&#x20;

* 88% Buy, Burn & Fuel
* 4% sent to $LGNDX Buy and Burn
* 8% Genesis (No Expectations)

### **The fees from the liquidity pools will be handled as follows:**

* The Buy, Burn and Fuel smart contract will own the primary Uniswap V3 LP token (MZI/X28) and all of the $MZI tokens accumulated from LP fees will be sent to [Mizuchi's Hoard](https://mizuchi.gitbook.io/mizuchi/perpetual-daily-auctions-mizuchis-hoard) to be used in Perpetual Daily Auctions. The X28 fees accumulated from fees will be fed back into the Buy, Burn and Fuel to help further reduce the supply of $MZI, reward users, and feed the perpetual auction system.
* The Uniswap v3 LP token representing the MZI/TITANX pair will be owned by the liquidity injection smart contract and compound fees forever.
* The Uniswap v2 LP token representing the MZI/LGNDX pair will be burned and compound fees forever.

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