XEN (XEN)

From CryptoWiki

Basics

History

"Founded by Jack Levin, creator of ImageShack and Nventify and a former early engineer at Google"

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

  • XEN started with zero supply and has no supply cap.

Utility

Other Details

Coin Distribution

Technology

Transaction Details

How it works

"The main thing that we should start off with is the fact that the token is free in that participants don’t need to deposit anything to start minting. Furthermore, XEN starts with zero supply and has no supply cap. Because of its minting formula, the token will become less inflationary overtime as adoption increases.

When a user connects their wallet to the XEN smart contract, they define the amount of time that passes before they actually receive their tokens. The longer the time period, the more tokens they receive. Minters are also assigned a XEN rank (cRank) which is based on the number of people that have interacted with the XEN smart contract before them. What this means is that someone who wants to mint and receive more tokens would be incentivized to tell others about the project and have them link their wallets.

There are penalties in place to disincentivize users from waiting to withdraw their tokens after the waiting period is over."

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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