Odaily News According to the official announcement, BitMart will launch eCash (XEC) at 12:00 (ET8) on July 1, and will open the XEC/USDT trading pair.
eCash was created by the original development team of Bitcoin Cash. As a fork of Bitcoin, eCash has a more powerful technical roadmap.
The innovative Avalanche consensus layer and its own token layer are the unique technical highlights of eCash. eCash also aims to introduce unprecedented features in the Bitcoin project, such as staking, non-fork network upgrades, and sub-chains.
XEC is the native token of the eCash network and has the following use cases:
Token minting: XEC holders can mint tokens with custom names, supply, decimal places, and icons through the eCash platform. Users need to pay network transaction fees in XEC tokens. The eToken protocol also supports NFTs.
Staking: XEC token holders will be able to participate in Avalanche Staking, which will become part of eCash governance.