Tokens

What Is the Difference Between $XE and $EDGE?

$XE is the internal coin of the Edge Network. It is used for attribution of value to nodes, for staking and for network governance. It provides for fast, free transactions.

$EDGE is a utility token on the Ethereum network. It is available for trading and exchange.

You can convert $XE to $EDGE and vice versa using the Edge Network Bridge.

What Is the Relationship Between $XE and $EDGE?

$XE and $EDGE are of equal value. The 1:1 relationship is because the coin and the token perform different functions in the network, with $XE as a layer 2 solution designed to facilitate fast and free transactions wihtin the network. $XE is bridged out to Ethereum, a process that converts the $XE to $EDGE.

Why Is the Network Coin Named XE?

The X is from the ISO standard for currencies that are not specific to a certain country. It has been used because Edge sees it's coin as the standard unit of account for edge computing. X-Edge, hence XE.

Where can I get hold of network token?

I held the original $EDGE, how do I get hold of $XE?

The swap period for $EDGE closed on Thursday, 27th May 2021

You should follow the swap process within Edge Console. You have until Thursday, 27th May 2021 to complete the swap. The swap closes after this period and you will not be able to swap further $EDGE.

Unswapped $EDGE can still be used for the payment of network services

When Claiming $XE, Can I Use a Single Wallet for Multiple Console Accounts?

Yes.

I claimed XE, when will my coins arrive in my wallet?

Distribution of claimed XE is run to a schedule once every 24 hours. If you make a valid claim, your distirbution will be recieved within the next 24 hours.

The distribution process is open for three months, and will close on 04th September 2021