> For the complete documentation index, see [llms.txt](https://partyicons.gitbook.io/wiki/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://partyicons.gitbook.io/wiki/how-to-participate/season-stakeholder.md).

# Season Stakeholder

## **Season Stakes**

The X̅ LEAGUE Season stakes are sold on the official website, anyone who holds any amount of Season Stakes are recognized as Season Stakeholders. 

## **Tax Yields**

* 25% of the payments from X̅-PASS, X̅- PASS(Mask) and Season Stake purchases is collected as Entry Tax and distributed to Stakeholders.
* 15% Earnings Tax is deducted from player match rewards and distributed to Stakeholders.
* Payout Schedule

| **Tax Type** | **Description**                                                                                                                              | **Calculation Period**                                | **Payout Time**                                                       |
| ------------ | -------------------------------------------------------------------------------------------------------------------------------------------- | ----------------------------------------------------- | --------------------------------------------------------------------- |
| Entry Tax    | 25% of the payments from X̅- PASS, X̅- PASS (Mask) and Season Stake purchases is distributed to Stakeholders based on their ownership ratio. | Real-time tracking, settled at the end of the season. | Distributed in **USDC** within 3 business days after the season ends. |
| Earnings Tax | 15% of players' Gummy and Season Point earnings from matches is collected and distributed to Stakeholders.                                   | Calculated daily at 07:00 UTC.                        | Distributed daily at 07:00 UTC during the season.                     |

**Note:**

* Entry Tax is distributed based on each Stakeholder's proportion of total Season Stakes held.
* Earnings Tax will be delivered directly to each Stakeholder's in-game inventory upon their daily login.
* Failure to log in within the designated time frame will be considered a forfeiture of that day's Earnings Tax.