What is XLM cryptocurrency (what is xlm coin)
XLM is a cryptocurrency. According to official sources, XLM is a cryptocurrency
XLM is a cryptocurrency. According to official sources, XLM is a cryptocurrency that is based on blockchain technology and serves as a decentralized payment network and smart contract platform. It enables the free circulation and anonymous buying and selling of digital assets through exchanges on the XMX trading pair. It can also be used for other applications such as social entertainment. XLM is described as a secure, efficient, permissionless, programmable, and trustless distributed ledger technology. It addresses issues of centralization, decentralization, transparency, and tamper resistance. The XLM token is issued by Hong Kong Joint Venture Holdings, the largest private equity firm globally and the sole owner of the group.
What is xlm coin
According to the latest news, XLM is based on the Ethereum protocol and features automatic market maker (AMM) functionality and permissionless characteristics. It is jointly developed by Lido, Synthetix, and 0x. Users can earn incentives by staking their tokens after its launch. X lm is a decentralized exchange (DEX) that anyone can participate in, making it fully decentralized and allowing traders to establish direct interactions with other users through smart contracts, providing liquidity for their assets.
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