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Solar (formerly Swipe) is a community-governed, open-source Layer-1 blockchain built to enable scalable, energy-efficient, and transparent digital infrastructure through Delegated Proof of Stake (DPoS). Secured by 53 elected block producers, Solar’s network processes transactions quickly and sustainably while offering a robust development framework derived from an enhanced ARK Core. The platform includes Solar Core, a modular base supporting custom transaction types, and the Solar Wallet suite for SXP management, delegate voting, and token creation. A range of enterprise products like Solar Card, BrighterVPN, and District 53 showcase the protocol’s real-world use cases. The SXP token exists natively on the Solar chain, with bridged versions on Ethereum (ERC-20), BNB Chain (BEP-20), and Harmony (HRC-20). Tokenomics include a deflationary burn of 90% of transaction fees and 10% distributed as forging rewards to incentivize validators. SXP is used for payments, NFT minting, governance voting, staking, and launchpad access. With open governance via the Solar DAO and continued development of cross-chain functionality and metaverse integrations, Solar aims to support Web3 adoption through a community-first approach.
Solar is a community-driven Layer-1 blockchain using Delegated Proof of Stake to deliver scalable, efficient, and transparent infrastructure for payments, governance, and digital asset creation.
SXP is available on major exchanges like Binance, HTX, BitMart, KuCoin, and WhiteBIT with SXP/USDT being the most active trading pair. The token versions on Ethereum and BSC are traded on decentralized exchanges such as Uniswap and PancakeSwap, respectively.
For native SXP, it's best to use the official Solar desktop or mobile wallet. For bridged SXP (ERC-20, BEP-20, HRC-20), use Bitcoin.com Wallet, MetaMask, Trust Wallet, or Ledger, depending on the network.
Yes. Solar Network is a Delegated Proof of Stake blockchain where 90% of transaction fees are burned and 10% are distributed to forging delegates as part of its consensus mechanism.
You can use SXP for peer-to-peer payments, staking, voting in governance, minting NFTs and tokens, and participating in the Solar launchpad.
Solar is both deflationary and inflationary: most transaction fees are burned, reducing supply, while block producers earn rewards to secure the network.
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