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XAH Token
The XAH token is the native digital asset of the Xahau Network. It serves multiple purposes within the ecosystem and is essential for interacting with PANDA's platform. This guide explains what XAH is, how it works, and its role in the PANDA investment model.
What is XAH?
XAH is the native cryptocurrency of the Xahau Network, similar to how XRP is the native token of the XRP Ledger. As the network's primary digital asset, XAH serves several critical functions:
- •Transaction Fees: Used to pay for transaction costs on the network
- •Spam Prevention: Helps prevent network spam by imposing a small cost on transactions
- •Value Transfer: Enables the transfer of value between users
- •XBR Eligibility: Holders can opt in to receive Xahau Balance Rewards
- •Smart Contract Interaction: Required for interacting with Hooks (smart contracts) on the network
XAH Characteristics
XAH has several important characteristics that make it suitable for its role in the ecosystem:
- •Fast Settlement: Transactions typically settle in 3-5 seconds
- •Low Fees: Transaction costs are minimal, typically a fraction of a cent
- •Scalability: The network can handle 1,500+ transactions per second
- •Energy Efficiency: Uses a consensus mechanism that requires minimal energy
- •Divisibility: Can be divided into very small units (up to 6 decimal places)
XAH and PANDA
XAH plays a central role in the PANDA platform's investment model:
- •Investment Currency: Property investments on PANDA are denominated in XAH
- •Dual-Yield Mechanism: XAH held in investment accounts can earn XBR rewards in addition to property appreciation
- •Transaction Processing: All platform transactions (investments, distributions, etc.) are processed using XAH
- •Property Tokenization: Real estate assets are tokenized and represented as fractions purchasable with XAH
Acquiring XAH
To invest on the PANDA platform, you'll need to acquire XAH tokens. Here are the primary methods:
Cryptocurrency Exchanges
XAH can be purchased on various cryptocurrency exchanges:
- 1.Create an account on a supported exchange
- 2.Complete any required identity verification
- 3.Deposit funds (fiat currency or other cryptocurrencies)
- 4.Purchase XAH using the exchange's trading interface
- 5.Withdraw XAH to your Xaman wallet
Decentralized Exchanges (DEXs)
XAH can also be acquired through decentralized exchanges:
- 1.Connect your Xaman wallet to a supported DEX
- 2.Swap other cryptocurrencies for XAH
- 3.The XAH will be sent directly to your connected wallet
Direct Purchase through PANDA
In some regions, PANDA offers a direct purchase option:
- 1.Connect your Xaman wallet to the PANDA platform
- 2.Navigate to the "Buy XAH" section
- 3.Select your payment method (credit card, bank transfer, etc.)
- 4.Complete the purchase process
- 5.XAH will be sent directly to your Xaman wallet
Storing XAH
Proper storage of your XAH tokens is essential for security:
- •Xaman Wallet: The recommended wallet for storing XAH, especially when using the PANDA platform
- •Hardware Wallets: For large holdings, consider using a hardware wallet that supports XAH
- •Exchange Wallets: Not recommended for long-term storage due to security risks
- •Backup Your Keys: Always securely back up your wallet's recovery phrase or secret numbers
Security Reminder
Never share your wallet's private keys or recovery phrase with anyone. PANDA will never ask for this information.
XAH Value and Economics
The value of XAH is determined by several factors:
- •Supply and Demand: Market forces based on buying and selling activity
- •Utility: The token's usefulness within the Xahau ecosystem
- •Network Adoption: Growth in users and applications built on Xahau
- •XBR Mechanism: The rewards system that incentivizes holding XAH
As with any cryptocurrency, the value of XAH can be volatile. Investors should consider this when planning their investment strategy on the PANDA platform.
Conclusion
XAH is the foundation of the PANDA investment ecosystem, enabling the tokenization of real estate and providing a mechanism for dual-yield returns through property appreciation and XBR rewards. Understanding how XAH works is essential for making informed investment decisions on the platform.
For more information about using XAH with the PANDA platform, please refer to our guides on Investment Process and XBR Mechanism.