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XEN achieves a wide degree of decentralization through high supply distribution, reliance on blockchain technology, and presence on multiple chains. It exists on 10 chains. However, XEN has no initial supply either. It starts from zero, and every user mints their own XEN and can do this forever. The algorithm will automatically adjust the minting difficulty depending on the rank a user has and the number of people that joined the network after him.

The XEN supply is inflationary at the beginning and disinflationary in the long run. It may turn deflationary when more XEN is burned than created. XEN is minted into existence by the users and is put on sale on different decentralized exchanges.

XEN is also available on centralized exchanges. We provided a comprehensive guide on where to swap and trade your XEN on various chains. Read more. XEN tokens can be minted by anyone for free. The only thing you need is an Ethereum wallet like Metamask, for example, and some ETH to pay for the gas fee. First, you need to connect your wallet to the XEN dapp, indicate the number of days you want to spend on minting your XEN, and claim your cRank. You need to sign the transaction and pay the gas fee.

Then you need to wait for the end of your term, and when this happens, you need to connect the wallet again, and mint XEN by signing the transaction and paying the gas fee. It was deployed on the other 9 chains within two months. The official XEN dApp website where you need to connect to claim your rank is xen.

XEN was inspired by bitcoin, but there are some significant differences. The Bitcoin and XEN supply started from zero, and the coins are created by miners. Bitcoin is also deflationary because of the halving that happens every four years, and when the maximum number of coins gets created, every lost coin will contribute to the deflationary effect. XEN is disinflationary because of an ongoing, decreasing amplifier that reduces the emission of coins. Bitcoin is mined using computer power, while XEN is minted by users by connecting their wallets to a dapp.

Bitcoin has its own blockchain, and XEN is a smart contract running on Ethereum and other 9 chains. Both projects reward the holders for the amount of time they invest in holding on to their tokens. The yield that is paid to stakers comes from inflation and not other users. Every user can create as many accounts as he wants.

You need to wait until the end of your term to be able to restart the process again. You can claim your cRank once and wait for the mint term to end. Once you have minted your XEN, you can restart the process again. Everything depends on the length of your mint term. Mint XEN. XEN token price. Max Term Days. What is xen crypto? How it works. Get to know XEN. Read More.

X1 blockchain to unite XEN Crypto communities from 10 chains. XEN Crypto. United States Dollar. XEN Crypto is up 7. The current CoinMarketCap ranking is , with a live market cap of not available. The circulating supply is not available and the max.

You can find others listed on our crypto exchanges page. Community Feeds Articles. Watchlist Portfolio. Rank XEN Crypto Links. Ethereum 0x XEN Crypto Contracts. Polygon 0x2AB Avalanche C-Chain 0xC0C Please change the wallet network Change the wallet network in the MetaMask Application to add this contract.

I understand. XEN Crypto Audits. Market Cap. Fully Diluted Market Cap.