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 within 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?

Exchanges

What Is the Contract Address for $EDGE?

0x4ec1b60b96193a64acae44778e51f7bff2007831

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.

Weekly 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 Relatively Low?

$XE is a layer 2 blockchain that bridges between chains. This means that there are more holders of the coin $XE within 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.