$XCN "XCN" is the native utility token of Onyxcoin (previously known as Chain or Chain Protocol). Here's a breakdown of what the XCN token is and what it's used for:
XCN Token – Key Details:
Name: Onyxcoin (formerly Chain)
Ticker: XCN
Blockchain: Ethereum (ERC-20 token)
Use Cases:
Governance: Token holders can vote on protocol updates and changes.
Staking & Rewards: Users can stake XCN for rewards and network participation.
Payments & Fees: Used to pay for services on the Chain ecosystem, such as smart contract execution, cloud ledger fees, etc.
Incentives: Developers and users may earn XCN for participating in the ecosystem.
About Chain (Onyxcoin):
Chain is a blockchain infrastructure company that offers cloud blockchain services to build financial services and Web3 applications. Their tools include Sequence, a ledger-as-a-service product.
Let me know if you want more details about its current price, how to buy it, or its future potential.
