XEN

XEN is a virtual mining project jointly built by the whole people. Everyone only needs to interact with the contract to start mining. XEN will become an encrypted asset jointly created by the community, bringing together all people with the same consensus. XEN is a virtual mining machine. The sooner you participate, the more coins you can mine. You can choose the time to mine. You can get it when the number of days is up, and it will be destroyed when it expires. After you get it, you can continue to pledge and mine again.

Features of XEN

- No pre-mining / no private placement

- Interact with the XEN contract to mine

- Permissions are discarded, contracts cannot be tampered with

- Will not (actively) list on centralized exchanges

- There is no upper limit on the supply. It is inflationary at the beginning, and if more people participate, it will become deflationary. -XEN is not PoW or PoS, but PoP (Proof of Participation) participation proof

- The initial supply is 0, free to buy and sell

- Token reward model based on number of participants and lock time

The amount of XEN mined depends on:

your rank, Crypto Rank (cRank),

pledge time, T

Reward Amplification Factor, AMP

Early Support Factor, EAA

AMP: time-dependent Reward Amplifier EAA: Early Adopter Amplification factor

Quantity = 𝚕𝚘𝚐𝟸(𝚌𝚁𝙶 − 𝚌𝚁𝚞) * 𝚃 * 𝙰𝙼𝙿(𝚝𝚜𝟶) * (𝟷 + 𝙴𝙰𝙰(𝚌𝚁𝚞))

XEN can choose the pledge time. The initial period is 100 days. After more than 5,000 participants, more days can be pledged. Days = 100+log2 (total number of participating wallets) *15

The locked APY of XEN starts at 20% annualized, and decreases by 1% every 90 days, until it decreases to 2% after 1620 days, and continues.

(Be sure to pay attention: After the days you lock XEN expires, be sure to pay attention to the collection time. Suppose you choose 100 days and collect it on the same day after 100 days. You can get your XEN in full, and you will lose tokens every day. The sky goes straight to zero!)

Actual operation method:

Go to the webpage https://xen.network/mainnet/mint

Connect the wallet, it will show

- Current total number of participating wallets

- Mining has been turned on time

- the current maximum number of optional days

-AMP

-EAA

-APY

Click on MINT FREE XEN below, select the number of days to be locked, confirm and complete the contract interaction to start mining