Electra Protocol is made to be the perfect ecosystem for ultrafast and programmable transactions. The mainnet is live since 2021 and the smart contracts platform will be released during 2024.
As seen in
Near Realtime FAST
The world’s fastest proof-of-stake blockchain: You perform a transaction in 1 to 2 seconds using Electra Protocol. Soon even faster!
Almost no cost CHEAP
The world’s cheapest transaction costs of any blockchain ecosystem: Sending just costs ~0.0002 XEP per transaction (US $0.0000002 as of December 2021). These gas fees are burned.
Energy-friendly POS
Minimal power consumption through proof-of-stake: A fully decentralized network at enterprise-scale running on its own blockchain.
Earn rewards STAKING
You can earn staking rewards with an unlocked XEP Desktop Wallet to help the network to stay online and be robust.
Programmable SOON
During 2024 Electra Protocol plans to add smart contract support so that anyone can publish their own smart contracts and tokens.
The Platform for DeFi and More
Electra Protocol is an operating system for instant transactions on its own layer-1 blockchain which is scalable, decentralized, and secure. The network is kept running by hundreds of nodes.
Anyone will be able to create payment solutions using smart contracts and own public tokens ontop of it. Perfect for Decentralized Finance, digital ID, NFTs, gaming, supply chain tracking, and more…
Mainnet: LIVE
Blockchain: Electra Protocol
Launch: January 1, 2021
Native Currency: XEP
Launch: January 1, 2021
Native Currency: XEP
Tokenomics FACTS
Electra Protocol was not financed by any public funding round – which is in contrast to most other crypto projects giving large stakes to groups of insiders. All XEP coins were available for investment, and the remaining XEP premine coins are today kept back by the Electra Foundation.
Type of Blockchain
100% Distributed Proof-of-Stake
Circulating XEP Supply
~ 17,400,000,000 XEP coins
Currency Symbol
XEP (wrapped as token: WXEP)
Transaction Speed/Cost
1-2 seconds/~0.0002 XEP avg.
MainNet Launch
January 1, 2021
Staking Rewards
3% APY (via XEP Desktop Wallet)
Not a Holder Yet?
It’s easy to become a holder of XEP coins: Simply purchase them on one of the supported exchanges. Or buy WXEP as a token using PancakeSwap on the Binance Smart Chain.
Current Allocation of XEP Tokens
Crowdsourced Blockchain Project
Electra Protocol is made to become credibly neutral public infrastructure. That’s why the project did not allocate any XEP stakes for strategic partners, advisors, development, marketing, founders, and other insiders. Anyone had to invest into XEP individually and independent of his/her volunteering involvement in the project.
Just like Bitcoin, Electra Protocol has never sought public funds to develop its technology. Both crypto projects are believed to not pass the Howey Test used by the U.S. Securities and Exchange Commission (SEC) to classify securities. This means that any cryptoproject passing the test could face regulation by the SEC and potentially in other countries as well.
The Better Way to Pay
Understand
Support
Proud Member of
Electrafying the world.
