PulseChain, a full copy of the Ethereum network, launched on May 13. A new XEN contract with a new Global Rank was deployed soon after, and the minting is ongoing. However, there also exists a copy of the original Ethereum XEN contract, the so called OG XEN or XEN Classic. Time will show which one will prevail.
What is PulseChain
PulseChain is a state copy of Ethereum and a standalone chain created to provide cheaper transactions and faster block times. PulseChain being a copy of Ethereum means that the current state of all accounts and smart contracts on the network is exactly the same as that of Ethereum before the snapshot taken on May 10. Every token or NFT you had on Ethereum is now visible on PulseChain; however, you need to add their contract addresses to your MetaMask wallet to view them.
When PulseChain launched, only people who had sacrificed their coins and tokens almost two years ago or those who had PLS from their ETH balance could transact on the chain. The bridge connecting Ethereum to PulseChain wasn’t there yet, and even after opening, it took hours, if not days, to port assets from one chain to another.
XEN launches on Pulsechain
XEN launched on PulseChain on May 13. Jack Levin Jack launched the contract while on a plane to the Bitcoin Conference in Miami.
He also asked for some PLS to deploy the contracts, as he didn’t sacrifice for PulseChain and had no PLS. The friendly hexicans rushed to donate some PLS for the contracts to be deployed.
Three contracts were deployed in a matter of minutes: XEN, XENFTs, and XEN Stake.
XEN is live on Pulsechain: https://t.co/97fhhGtRmx— Jack Levin 🟧🦇🟦 (@mrJackLevin) May 13, 2023
PulseChain had a very low gas fee at launch, but as soon as XEN launched the blocks filled with XENFTs, the fees rose exponentially, outpricing many people from transacting.
There was some backlash from the hexican community while the validators started burning a good amount of PLS in the process.
Mr. Levin decided to deploy a new XEN contract to make a fair launch. There was a new XEN contract on every network, and he wanted people to start minting XEN with a new Global Rank so new Apex and other XENFTs could be minted again.
Another reason for launching a new contract was the inability to account for the burns and the XN distribution. With the new contract in play, people can mint XEN and participate in burning to get the XN airdrop.
XEN on PulseChain is called pXEN and it can be traded on PulseX.
OG XEN on pulsechain
The same XEN contract that was launched on Ethereum also exists on PulseChain. It’s commonly called XEN Classic or OG XEN. Whoever minted XEN on Ethereum before the snapshot can now access their XEN from PulseChain by accessing this portal: https://og.xen.network/. They can claim their mints and XENFTs, but minting new XEN from this contract is not possible. You can view your OG XEN by adding the token contract address to your Metamask.
How to mint xen on pulsechain
If you want to mint XEN on PulseChain, you will need to get PLS, the native coin used for paying for the gas fees. If you haven’t sacrificed and you don’t have PLS in your wallet, then you’ll need to cross the bridge to PulseChain.
The traffic on the bridge is so huge that it may take a few hours or a day for your transaction to pass through. You can change your ETH or other tokens on the Ethereum side to WETH on the PulseChain side.
The issue is that you won’t be able to do anything with this WETH without having some PLS to pay for the transaction fee. You need to get PLS from somewhere.
Some hexicans were trading their PLS for other tokens by announcing it on Twitter or Telegram, others were giving them away for free.
PLS-faucet.com sends PLS for free, but the queue is long.
Once you have PLS in your wallet, go to xen.network and connect your wallet. MetaMask will prompt you to switch the network to PulseChain, and after you do this, you can start minting XEN.