Whitepaper

1. Introduction

Welcome to the xZen ($XZEN) Token Whitepaper!

xZen ($XZEN) is a revolutionary token designed to provide unparalleled security, smart investment opportunities, and seamless transactions on the XRP Ledger. Our mission is to create a financial ecosystem that is secure, efficient, and accessible to everyone.

2. Vision and Mission

Vision: To become on of the leading token in the XRPL Ecosystem, offering innovative solutions and fostering a community-driven environment.

Mission: To provide a secure, smart, and seamless financial experience for users worldwide, leveraging the power of blockchain technology.

3. Token Overview

• Token Name: xZen
• Ticker: XZEN
• Blockchain: XRP Ledger
• Total Supply: 589,000,000 $XZEN
• Token Account Address: rB5aCe4fTXH2frvKH5WgA3xEtXVCF8bHz5
• AMM Pool Adress: r9rFexK9VBqnfRyzyCxakwFy7uSLCqfpm6
• Status: Initial Liquidity Locked Forever (Blackholed)

4. Key Features

• Governance: xZen serves as a governance token, allowing holders to participate in voting for official proposals.
• Yield Earning: Staking xZen earns a yield generated from the protocol's productive use of reserves.
• Security: Ensures maximum security and transparency with a hybrid cybersecurity system.
• Multi-Currency Support: Supports both crypto-to-crypto and fiat-to-crypto exchanges.
• Contactless Payments: Features an NFC chip for contactless payments.

5. Tokenomics

Total Supply: 589,000,000 $XZEN

Distribution:

1. Community: 55% (323,950,000 $XZEN)

• Airdrops: 10% (58,900,000 $XZEN)
• Staking Rewards: 20% (117,800,000 $XZEN)
• Community Incentives: 25% (147,250,000 $XZEN)

2. Core Team: 20% (117,800,000 $XZEN)

• Vesting Period: Locked and vested over 3 years to ensure long-term commitment and alignment with the project's success.

3. Treasury: 12% (70,680,000 $XZEN)

• Usage: Reserved for future development, partnerships, and unforeseen expenses. Locked and vested over 1 year.

4. Future Airdrops: 8% (47,120,000 $XZEN)

• Vesting Period: Locked and vested over 1 year to incentivize new users and maintain engagement.

5. Initial Liquidity: 5% (29,450,000 $XZEN)

• Usage: Used to provide initial liquidity on exchanges to ensure smooth trading and price stability.

6. Security and Compliance

• Security Measures: Implementing advanced security protocols to protect user assets and data.
• Compliance: Ensuring adherence to relevant regulations and legal requirements in all jurisdictions.

7. Conclusion

xZen is poised to revolutionize the financial ecosystem with its innovative features, robust security, and community-driven approach. Join us on this exciting journey and be a part of "The xZen Revolution"!

Contact Information

Website: xZen589.com
Twitter: @xZen589
Telegram: Join our community