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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 the Network Token?

What Is the Contract Address for $EDGE?

0x4ec1b60b96193a64acae44778e51f7bff2007831

I Held the Original $EDGE, How Do I Get Hold of $XE?

The swap period for $EDGE>$TNC 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

I Swapped $EDGE for $TNC, How Do I Get Hold of $XE?

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 until the end of September 2021

When Will the $XE<>$EDGE Bridge Open?

The XE Bridge is open! It opened on Thursday September 09th, 2021 at 5pm UTC. More information can be found in the weekly core team updates.

Why is my withdrawal taking so long?

If the transaction speed fee you provided is lower than current gas costs, the bridge will wait until gas fees are low enough to process the transaction within the threshold you set. In this circumstance the time depends on the costs in the Ethereum network.

How are Gas Fees Paid in the Network Bridge?

When you withdraw $XE through the Bridge, gas is paid in XE. When you deposit $EDGE to the Network, gas is paid in Eth via your Metamask wallet.

Why Is the Holder Number Shown in DEXTools So Low?

$XE is a layer 2 blockchain that bridges between chains. This means that there are more holders of the coin $XE wihtin the network that there are holders of the token $EDGE outside of the network. The ratio is currently around 5x the number shown in DEXTools and other Ethereum explorers.
Last modified 3d ago