Electra Protocol

Electra Protocol is an operating system for instant transactions running on its own layer-1 blockchain which is scalable, decentralized, and secure. Usually hundreds of nodes keep the network running. And the network keeps growing!

Anyone will be able to create payment solutions using smart contracts and own public tokens on top of Electra Protocol using the Solidity programming language. Perfect also for decentralized finance, digital ID, NFTs, gaming, supply chain tracking, and more…

Instead of focussing on building hype for short-term speculation, Electra Protocol is aiming to create an ecosystem that will help to solve actual problems. The biggest challenge worldwide are multicurrency, instant payments at near-zero costs – without needing a bank account or credit card. In addition, Electra Protocol is adding programmable smart contracts so that anyone can create innovative solutions beyond just payments.

XEP is the native coin of the Electra Protocol blockchain and it was officially introduced in 2021. In order to become part of its success, simply buy native XEP coins on one of the exchanges. You can also buy Wrapped XEP (WXEP tokens) on PancakeSwap.

For security reasons, it is recommended not to leave your purchased XEP coins on centralized exchanges. Use one of these wallets to store your XEPs:

- Desktop computer wallets (Windows, Mac, Linux)
- Smartphone wallets (Android, iOS)
- Hardware wallets (Ledger Nano)

XEP Desktop wallets store a full copy of the Electra Protocol blockchain. That’s why you can receive staking rewards if you leave your XEP Desktop Wallet online and unlocked (recommended). Smartphone XEP Wallets, WXEP Wallets, and hardware wallets cannot stake as they don’t have a blockchain copy.