XYM Symbol is a cryptocurrency that was launched in March 2021. It is the native currency of the Symbol blockchain, which is a decentralized platform that allows users to create and exchange digital assets. The Symbol blockchain is designed to be highly scalable and secure, with features such as multi-level multisignature accounts and cross-chain swaps. XYM Symbol is used to pay for transaction fees on the Symbol blockchain, as well as to incentivize network participants to maintain the network. The total supply of XYM Symbol is 8.999 billion, with a circulating supply of around 1.8 billion. One of the unique features of XYM Symbol is its hybrid consensus mechanism, which combines proof-of-stake and proof-of-work. This allows for a more energy-efficient and secure network, as well as a fair distribution of rewards to network participants. XYM Symbol also has a strong focus on enterprise adoption, with features such as built-in multisig and asset tokenization. This makes it an attractive option for businesses looking to leverage blockchain technology for their operations. Overall, XYM Symbol is a promising cryptocurrency with a strong technical foundation and a clear use case in the Symbol blockchain ecosystem. |