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Stellar Ecosystem4 min read

What Is XLM (Stellar Lumens)?

Introduction to XLM — the native currency of the Stellar network — and how it's used on XamanProtocol.

What Is XLM?

XLM (Stellar Lumens) is the native cryptocurrency of the Stellar network. Like XRP on the XRP Ledger, XLM is used to pay transaction fees and meet minimum balance requirements on Stellar. XLM is also used as a bridge currency for Stellar's cross-border payment functionality.

Key Properties of XLM

  • Speed: Transactions settle in ~5 seconds
  • Cost: Fees are a fraction of a cent (~0.00001 XLM)
  • Supply: 50 billion XLM in circulation (as of 2024)
  • Inflation: No inflation — the foundation periodically burns unused XLM
  • Asset issuance: Stellar makes it easy to issue tokens representing real-world assets

XLM on XamanProtocol

XamanProtocol supports XLM deposits, and XLM holdings contribute to your portfolio value. The platform uses the Stellar network for certain distribution mechanisms (airdrops via Stellar Claimable Balances).

Frequently Asked Questions

Is XLM the same as Stellar?+
Stellar is the network (blockchain). XLM is the native currency on that network — similar to how Ethereum is the network and ETH is the currency.
What is the minimum XLM balance required?+
Stellar accounts must maintain a minimum of 1 XLM as a base reserve. This is a network requirement.

Related Articles

Stellar Ecosystem
What Is the Stellar Network?
An introduction to Stellar — the blockchain network behind XLM and XamanProtocol's airdrop system.
Deposits
XLM (Stellar) Deposits
How to deposit XLM using the Stellar network, including memo requirements and confirmation process.
XRP Ecosystem
What Is XRP?
A clear introduction to XRP — what it is, what it does, and why it matters.

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