
XYO Network
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Market Cap
$123,960,885
24h Trading Vol
$7,716,958
All Time High
$0.081
All Time Low
$0
Total Supply
13,931,216,938
Max Supply
13,931,216,938
Circulating Supply
13,931,216,938
Categories
Chains
Contracts

FAQs
What is XYO Network and how does it work?
XYO Network (xyo) is a Decentralized Physical Infrastructure Network (DePIN) focused on verifying real-world data, particularly location, for Web2 and Web3 projects. It operates through millions of global nodes, where individuals use the XYO-enabled COIN app to create and contribute verified data. This data is then standardized and structured by the XYO Protocol, leveraging blockchain and cryptography to ensure sovereignty, permanence, and provenance. Users earn xyo tokens and other digital assets by participating as mobile nodes and providing valuable real-world information.
What technology powers XYO Network?
XYO Network is powered by its proprietary Layer One blockchain and a unique dual-token model. The fixed-supply XYO token (xyo) is an ERC-20 token designed for staking and securing the network, representing long-term value alignment. The XL1 token acts as an inflationary utility token, fueling transactions, smart contracts, and real-time rewards within the ecosystem. The network utilizes decentralized physical infrastructure (DePIN) nodes and cryptography to verify real-world data, ensuring security and transparency through audit trails.
What are XYO Network's tokenomics?
XYO Network employs a powerful dual-token system: XYO (xyo) and XL1. The XYO token has a fixed supply and is primarily used for staking, securing the XYO Layer One blockchain, and providing long-term value alignment for token holders. XL1 is an inflationary utility token with no fixed supply, designed for speed and scalability. It fuels daily network activities such as gas fees, smart contract execution, and real-time rewards. This separation of structure (XYO) and activity (XL1) aims to bring performance, clarity, and resilience to the ecosystem.
How does XYO Network differ from other oracle projects like Chainlink?
While general-purpose oracles like Chainlink focus on diverse off-chain data, XYO specializes exclusively in location verification using physical hardware networks. Its Proof-of-Origin protocol creates cryptographic proof chains specifically optimized for location data integrity, and its existing infrastructure of over 1 million devices provides unique real-world coverage impossible for software-only solutions.
What hardware is required to participate as a Sentinel node?
Sentinels can range from specialized XY devices (XY4+ Bluetooth, XYGPS, XYLoRa) to everyday IoT equipment like smartphones, smart doorbells, or vehicles. Minimum requirements include geolocation capabilities (GPS, Bluetooth, etc.), internet connectivity, and cryptographic signing functionality. The network intentionally supports heterogeneous devices to maximize coverage and decentralization.
How does the network prevent malicious actors from spoofing location data?
XYO employs three-layer protection: 1) Proof-of-Origin cryptographically chains data to its source device, 2) Bound Witness requires multiple nearby devices to corroborate readings, and 3) Diviners cross-reference data across Archivists. Additionally, token rewards are weighted by data accuracy scores, economically discouraging low-quality submissions.
Can XYO tokens be staked for network participation?
While not staked in traditional POS terms, token holdings enable participation: Archivists must hold tokens to receive storage contracts, Diviners use token holdings as reputation metrics, and Bridge operators require tokens for transaction processing. Token ownership correlates with earning potential through query processing rewards.
What makes XYO suitable for enterprise adoption in supply chains?
XYO's device-agnostic architecture allows integration with existing logistics hardware while providing cryptographic audit trails. The identityless verification model maintains trade secret privacy, and payment-automation capabilities enable new business models like conditional payments upon delivery. Major partnerships focus on shipment verification and anti-counterfeiting applications.