If you want to mint XEN on any of these chains, then the first step is always to get some crypto first. You can buy ETH directly from MetaMask or you can use any centralized exchange like Kraken, Binance, Coinbase, or other kinds of apps. If you’re a privacy-focused person, then you can buy Bitcoin on a DEX like Bisq or Hodl Hodl or at a Bitcoin meetup and swap it for ETH.
What is the Supply?
Our community members are everywhere now, but to be there, they had to cross bridges between chains, do cross-chain swaps, and find token prices and exchanges. That wasn’t always easy because the blockchain space is fragmented, so here we are to guide you on this crypto journey. “Swap” means how to use nicehash to earn bitcoin exchanging one cryptocurrency for the equivalent value of another cryptocurrency on a particular chain. The most popular place to perform a swap is directly in your MetaMask wallet. Metamask combines data from different sources to give you the best price with the lowest network fees.
XEN Crypto(XEN) Profile
The process involves burning an equivalent amount of ETH for each XEN token minted, reducing the overall supply of ETH. Paste in the ‘Recipient address’ you previously got from the bridge page. The bridge will give you wDOGE on Dogechain, and you’ll be able to view it in your MetaMask. Your wallet should prompt you with the Dogechain network addition. If this won’t happen, go to chainlist.org and click “add to MetaMask” in the DogeChain option.
- It helps safeguard online accounts, databases, and applications that require robust password security.
- As of April 2023, XEN is listed on numerous cryptocurrency exchanges, including Uniswap, Huobi and MEXC.
- In this guide, we outline the best way to Bridge NFTs between 20 different EVM and non-EVM compatible networks.
- The top exchanges to trade XEN are Uniswap v2, Uniswap v3 (Ethereum), and PancakeSwap v2.
What’s the price of XEN tokens
Because of these complex mechanisms, the total supply of XEN is not fixed. It fluctuates based on user interactions with the smart contract, staking behaviours, and time-based adjustments within the protocol. As a result, providing a specific total supply figure is challenging without real-time interaction with the XEN network to account for all these variables. The supply of XEN is governed by an innovative set of rules that blend free minting, staking rewards, and algorithmic adjustments. Unlike conventional cryptocurrencies with a predetermined supply, XEN’s tokenomics creates a dynamic and adaptive ecosystem.
The trading volume of XEN Crypto (XEN) is $3,210,313.54 in the last 24 hours, representing a -16.30% decrease from one day ago and signalling a recent fall in market activity. There are guides to manage an unofficially supported ERC-20 token on Ledger and Trezor. You will need to connect your Ledger or Trezor to MyEtherWallet or MyCrypto. Buy & sell XEN Crypto (XEN) with fiat currencies (USD, CAD, AUD, EUR, GBP etc) or another coin such as BTC or ETH. We launch new and high-quality crypto projects efficiently with good liquidity.
Now you go to the Dogechain bridge to choose the address on the target network. Although XEN does not have a cap, the growing difficulty of generating additional tokens ensures that its tokenomics remain disinflationary. Also, XEN is categorized https://cryptolisting.org/ as a Proof-of-Participation (PoP) cryptocurrency and is different from Proof-of-Stake (PoS) or Proof-of-Work (PoW) tokens. Ownership rights are granted to those who participate in the creation of XEN and hold their coins through self-custody.
At its peak, XEN accounted for almost 50% of Ethereum’s block size, contributing to increased ETH gas prices. The price of Xen Crypto (MATIC) (MXEN) is calculated in real-time by aggregating the latest data across 2 exchanges and 3 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. The price of XEN Crypto (XEN) is calculated in real-time by aggregating the latest data across 19 exchanges and 22 markets, using a global volume-weighted average formula. Before staking, you need a compatible wallet to store your XEN tokens. Ensure that your wallet supports the Ethereum network since XEN operates on the Ethereum blockchain.
They charge a service fee of 0.875%, which is automatically factored into each quote. Users can set the maximum slippage, which is the change of the exchange rate between your placed order and its execution. The slippage can be high when the liquidity is very low or where large swaps are being executed. When swapping with MetaMask, orders are spread across virtually all DEXs to reduce the impact of slippage on the final price.
This use case is relevant in contracts, legal papers, and financial transactions. XEN Crypto’s encryption capabilities can be utilized for secure communication between parties. Messages can be encrypted using XEN Crypto, ensuring that only the intended recipient can decrypt and access the information. This use case is valuable for protecting sensitive data during online banking, online shopping, and email correspondence.
By encrypting passwords using XEN Crypto, even if a hacker gains access to the password database, the encrypted passwords remain unreadable without the encryption key. It helps safeguard online accounts, databases, and applications that require robust password security. Learn about bridging assets to Sei from various networks, using trusted protocols for efficient transfers with minimal fees and wallet compatibility. Additionally, the ecosystem has seen a substantial amount of XEN burned, totaling 9.509 trillion, indicating an active and engaged community. The network’s health is underscored by a hash power of 22,606.81 ETH and the utilization of over 50,060.20 ETH in gas, demonstrating the scale and intensity of network activity.
