✅Popular items - XEN pickup, mining tutorials
Note: Not Financial Advice, Do Ur Own Research
Recommended wallet:
Chrome extension: TokenPocket extension wallet
Mobile terminal: TokenPocket
Click to view the TokenPocket extension tutorialet
Project Description:
XEN is a universal virtual mining project where everyone only needs to interact with the contract to start mining. XEN will be a crypto asset built by the community together, gathering all people with the same consensus into one place.
Project features:
The number of XEN digs depends on. your ranking, Crypto Rank (cRank), the Pledge Time, T Reward Amplification Factor, AMP Early Support Factor, EAA AMP:Time-dependent Reward Amplifier EAA:Early Adopter Amplification factor Quantity = 𝚕𝚘𝚐𝟸(𝚌𝚁𝙶 - 𝚌 𝚁𝚞) * 𝚃𝚃 * 𝙰𝙼𝙿(𝚝𝚜𝟶) * ( 𝟷 + 𝙴𝙰𝙰(𝚌𝚁𝚞)) XEN can choose the duration of the pledge, initially 100 days, and more days can be pledged after the number of participants exceeds 5,000 Number of days = 100 + log2(total number of participating wallets) * 15
For those interested in a more in-depth look at the project, please read the white paper
Tutorial presentation:
1、Open the project website: https://xen.network/mainnet, XEN only supports the Ethernet network for the time being, just click [Connect Wallet] to use it for the first time
Select the wallet address of the eth holder in the connection screen and click [Confirm].
2、after connecting the wallet, you can see some data displayed in the interface, such as the global ranking, mining time and other detailed parameters. There are two functions at the bottom, one is [Mint XEN] and the other is [Stake XEN], click on Mint XEN for the first operation.
3、Click on Mint and you will see the numbers displayed in the interface. Select a time here and the system will give you a default time, this time is how long your mining lasts, the longer the time, the higher the mining output.
After clicking on Start Minting, click on Confirm on the transaction screen and wait patiently for the Mint operation to complete.
4、A list display can be seen when Mint is complete, with the following implications.
Global Rank - represents the total number of addresses currently involved in mining
cRank - represents how many times you are the first person to participate in a mine
AMP (Time Bonus Amplifier) - Initially 3000, decreasing by 1 per day thereafter
EAA (Early Adopter Amplifier) - Initially 10%, with the metric decreasing by 0.1% for every 100,000 participating wallets
Term days - equivalent to the time spent mining
Estimated XEN - Estimated mining reward based on current conditions
Claim - can be unlocked when it expires
To find out how many XENs you can mint at each point in time, you can use this calculator - https://faircrypto.org/xen/calc
5、Click on the [STAKE] Pledge menu in the top left corner.
The pledge page, pledges can be made from 1 to 1000 days and the return is reduced by 1 point for every 90 days that pass (there is no return for unpledging too early). The earlier the pledge, the better the return. If you pledge on the first day, the return is 20%, and if you pledge on the 91st day, the same amount of money will be 19%.
One thing to note: when the dig is due, you must remember to Claim or it will be forfeited (7 days or nothing)!
Note: Not Financial Advice, Do Ur Own Research
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