• Ticker: XAN
• Network: Anoma
• Category: Intent-centric, Governance, Infrastructure

About XAN

XAN is the native token of Anoma, a decentralized operating system and coordination layer designed to unify and simplify fragmented blockchain ecosystems. Anoma introduces an "intent-centric" architecture where users define their desired outcome (intent), and a network of "solvers" executes that outcome across multiple chains, abstracting away the complexity of cross-chain transactions. The XAN token serves a triple role in the network: governance, fee payment, and network incentives.

Key Points of XAN

• Intent-centric OS: Shifts focus from transaction mechanics to user goals (intents), enabling automated cross-chain settlement and reducing friction.
• Multi-chain Unification: Anoma is an infrastructure layer that uses protocol adapters to interface with existing blockchains (Ethereum, Solana, Bitcoin, etc.), simplifying multi-chain application development.
• Decentralized Governance: XAN holders govern protocol upgrades via a unique two-body system (Voter Body and Governance Council) designed to ensure decentralized control and efficient decision-making.
• Privacy Integration: The network incorporates Zero-Knowledge Proofs (ZKPs) to ensure transaction validity while masking sensitive details.
• Fee Abstraction: Users can pay for network services in any supported token, removing the dependency on native chain tokens.

FAQs

• What is XAN used for? 

XAN is used for governance, allowing holders to propose and vote on protocol upgrades; for fee payment; and as an incentive mechanism for network participants like solvers.

• How does XAN work? 

Anoma functions as a layer above existing blockchains, where users submit intents. Solvers compete to find the best way to fulfill these intents across chains, and Anoma's resource machine executes the intent-based logic.

• What makes XAN unique? 

Its uniqueness lies in powering the world's first intent-centric, decentralized operating system, which is designed to unify and coordinate fragmented liquidity and applications across the entire multi-chain ecosystem.

• How can I buy XAN on Bitso?

1. Log in to your Bitso account or sign up if you don’t have one.
2. Go to “Buy/Sell” and select 2Z as the token you want to purchase.
3. Choose any available fiat currency (MXN, ARS, BRL, COP, or USD) as your base.
4. Enter the amount, review the details, and confirm your transaction.

You can track the token’s performance directly in the app.

Tokenomics

XAN has a maximum supply of 10 billion tokens. Its tokenomics support its governance and incentive model:

• Triple Role: XAN drives demand through its utility in governance, fee payment, and incentives.
• Governance Lock-up: Token holders lock up XAN to participate in the two-body governance system.
• Initial Distribution: A significant amount of the initial circulating supply was airdropped, which can lead to volatility due to early sell-pressure.

Example Use Case

A developer wants to create a dApp that allows users to swap assets between Ethereum and Solana seamlessly. Instead of building a complex bridge, the developer integrates with Anoma. A user of the dApp expresses the intent to "swap 1 ETH for BTC". Solvers on the Anoma network use their XAN to compete for the right to execute this complex, multi-chain transaction. The user pays a fee in XAN (or another token) to the network, and the fastest, most efficient solver receives the reward.

Disclaimer

This Help Center article is for informational purposes only and does not constitute investment advice. Please conduct your own research (DYOR) and assess your risk tolerance before trading. As always, invest responsibly and stay informed.