DigitalNote Wiki
  • Welcome to the DigitalNote Wiki
  • GETTING STARTED
    • A Brief History
    • The Current DigitalNote Ecosystem
    • XDN Network and Coin Specs
    • Ways to Earn XDN
    • Exchange Listings
    • Masternodes
  • XDN on Binance Smart Chain/PancakeSwap
  • Benefits of Getting XDN on Binance Chain & PancakeSwap
  • Setting up XDN on Binance Smart Chain (BSC)
  • Contributing to wXDN/BUSD Liquidity Pool on PancakeSwap
  • Participating in wXDN/BUSD Pool Rewards on PancakeSwap
  • Trade wXDN with other coins
  • Swap BEP-2 for BEP-20 BNB Asset
  • FAQ: Binance Smart Chain & PancakeSwap Integration
  • Wallet Functionality
    • Wallets
    • QT Wallet
      • Installation and Updating
      • Backup and Security
        • Wallet Encryption
        • Wallet Backup
        • Wallet Restoration
      • Staking
      • Advanced Wallet Functions
        • Coin Control
        • Command Line Options
        • Console Commands
    • DigitalNote Mobile Wallet
  • COMMUNITY AND SOCIAL MEDIA
  • GitHub
  • Official Website
  • Official Social Accounts & Live Chats
  • Social Media Outlets
  • Support
    • Syncing Issues
      • Manually Adding Peers
    • Masternode Setup
      • Client Side
        • QT Wallet MN setup
      • Server Side
        • VPS Install
        • Hosting Services
  • Proposals & Feedback
    • Collaborate with XDN
    • Report a Wallet Issue
    • Feature Requests
  • OTHER RESOURCES
    • Frequently Asked Question: 2XDN
    • Merchandise
    • XDN Press/Media Kit
Powered by GitBook
On this page
  • wXDN vs XDN
  • Binance Smart Chain Integration
  • PancakeSwap Integration

Was this helpful?

FAQ: Binance Smart Chain & PancakeSwap Integration

Here you can see answers to the frequently asked questions about wXDN/XDN, Binance Smart Chain, PancakeSwap.

PreviousSwap BEP-2 for BEP-20 BNB AssetNextWallets

Last updated 4 years ago

Was this helpful?

wXDN vs XDN

Is XDN going away?

No. XDN is the native coin of DigitalNote ecosystem and is core to the DigitalNote strategy.

Is wXDN a new coin being introduced?

No. wXDN is the same coin as XDN. To make it simple: wXDN is XDN on the Binance Smart Chain.

What is the contract address of wXDN on Binance Smart Chain?

wXDN's contract address is: 0xbea2576f400b070c7cdf11d1cbb49de0c84e3bcf

Will wXDN have a separate explorer than XDN explorer to view the wXDN activity?

Yes. wXDN is on the standard BscScan explorer. You can see the wXDN on BscScan .

Is the total supply of wXDN+XDN going to be more than total supply of XDN?

No. The total supply stays the same as the total supply of XDN. When you convert XDN to wXDN, your XDN is locked and no one will have access to it until you convert back from wXDN to XDN (you don't have to.) If you choose to convert wXDN to XDN, the amount of wXDN you are converting is burnt and an equal amount of XDN is unlocked and transferred to you.

Why do I see a big pool of wXDN on BSC scan?

DigitalNote has two options in terms of XDN->wXDN conversion: 1) to share the private key with the conversion service provider so that they can generate wXDN on the fly as users convert 2) Not share the private key with the conversion service provider and keep a mempool of 1B wXDN so that the users can still convert in realtime.

In the best interest of the community and the project, we chose option two to ensure full security. So in other words, we will keep a mempool of up to 1B wXDN, and users convert their XDN to wXDN, the wXDN will be taken from the mempool. The mempool process will make sure that at no point there is any additional supply in the ecosystem than the total XDN supply.

Binance Smart Chain Integration

What is Binance Smart Chain?

Is Binance Smart Chain same as Binance Chain?

Why do we have to get XDN on Binance Smart Chain?

Will I lose ability to have my XDN back on exchanges?

No. You will be able to convert your wXDN to XDN at any time at 1:1 basis.

Should I move my XDN to Binance Smart Chain?

The choice is totally yours. The bridge to Binance opens up a universe of opportunities for XDN. You may decide to:

  • Move to BSC to leverage pool contribution, or trade with other coins

  • Keep your XDN on the QT wallet to be able to stake it

  • Keep your XDN to run a Masternode to earn and contribute to the network security

  • Keep your XDN on centralized exchanges

  • Keep your XDN as a mix of some or all of above

Why is there a fees on converting wXDN to XDN - while there is no fees on converting XDN to wXDN?

There is minimal fees required by Binance Smart Chain when you convert wXDN to XDN - that's because this transaction happens on the Binance Smart Chain and requires BNB gas fees. On the other hand, XDN to wXDN conversion happens off the Binance chain, and the resulting tokens are deposited in your wallet's BEP20 address.

PancakeSwap Integration

What is PancakeSwap?

Why do we have to get XDN on PancakeSwap?

Will I be able to buy wXDN on PancakeSwap?

Binance Smart Chain brings cross-chain interoperability to the Binance ecosystem. It is an Ethereum EVM 100% compatible blockchain, and is very good at decentralized application (Dapp) development within many possible verticals including DeFi, NFT, Gaming, and many others. You can read more .

No. However, it's one of the core components in the Binance ecosystem. You can read how Binance Smart Chain and Binance Chain are complementary to each other in their .

You can read about the benefits

PancakeSwap is a decentralized exchange that runs on Binance Smart Chain. You can read more about it .

You can read about the benefits

Yes. In fact you can use your other tokens, not just BUSD, to buy wXDN. You can see the details on how to trade wXDN on the PancakeSwap. This is a direct link to the trading pair for on PancakeSwap

here
here
here
dual-chain architecture
here
here
here
here
wXDN