Discover and read the best of Twitter Threads about #XEN
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$XEN has been in the top gas guzzlers on @etherscan since its launch in early October. At its peak, almost 50% of @ethereum's block size was consumed by #XEN.
What is @XEN_Crypto and how does it work? Let's unpack! 🧵
What is @XEN_Crypto and how does it work? Let's unpack! 🧵
1/ What is the #XEN Cryptocurrency?
• The $XEN cryptocurrency has no supply limit and leverages the Proof-of-Participation (PoP) consensus mechanism.
• It allows users to utilize Ethereum-based wallets to mint new tokens by paying the applicable Ethereum gas (transaction) fees
• The $XEN cryptocurrency has no supply limit and leverages the Proof-of-Participation (PoP) consensus mechanism.
• It allows users to utilize Ethereum-based wallets to mint new tokens by paying the applicable Ethereum gas (transaction) fees
2/ Who founded @XEN_Crypto?
• It was created by the Fair Crypto Foundation, backed by ex-Google employee @mrJackLevin.
• Dubbed as a “people’s token”, #XEN is based on principles like “self-custody, trustless consensus, and decentralization.”
• It was created by the Fair Crypto Foundation, backed by ex-Google employee @mrJackLevin.
• Dubbed as a “people’s token”, #XEN is based on principles like “self-custody, trustless consensus, and decentralization.”
0/ XEN is a groundbreaking token experiment that represents the core idea of decentralization: fairness, openness, and permissionless.
Here is the thread 🧵
#XEN #Aptos #SeaProtocol #countdown
Here is the thread 🧵
#XEN #Aptos #SeaProtocol #countdown
1/n To make XEN better and fairer, we released XEN on Aptos with some improvements:
2/n Limit the maximum circulation; when supply > 1Billion, the output coefficient decreases sharply; when the issuance > 2Billion, stop mint;
As the #XEN claim phase is mere hours away I wanted to condense what I believe to be the all key information you need to develop your claim/mint/staking strategy into one location. Feel free to share!
XEN.NETWORK
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XEN.NETWORK
Thread continued 👇
Let's start with better understanding some acronyms on the XEN calculator.
faircrypto.org/xen/calc
XEN to mint: obvious
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faircrypto.org/xen/calc
XEN to mint: obvious
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*Mint Term: this is how long you choose to wait before claiming your XEN during the mint phase(longer mints more). Initially the max limit will be 100 days, but after 5k users it will begin to increase. Graphical representation linked here: xensource.gitbook.io/www.xenpedia.i…
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