> For the complete documentation index, see [llms.txt](https://kayen-protocol.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kayen-protocol.gitbook.io/documentation/tokenomics/xkayen-token.md).

# xKAYEN Token

Name: <mark style="color:red;">**KAYEN**</mark>**&#x20;Escrowed Token**\
Ticker: <mark style="color:yellow;">**xKAYEN**</mark>\
Chain: **Chiliz**\
Max supply: **88,000,000&#x20;**<mark style="color:yellow;">**xKAYEN**</mark>\
contract: (coming soon)

<mark style="color:yellow;">**xKAYEN**</mark> is a non-transferable, escrow-held governance token that is directly linked to the staking of <mark style="color:red;">**KAYEN**</mark> tokens. Acquisition of <mark style="color:yellow;">**xKAYEN**</mark> is facilitated through the direct conversion of <mark style="color:red;">**KAYEN**</mark> .

The principal application of <mark style="color:yellow;">**xKAYEN**</mark> lies in its allocation to Plugins. This operation entails the staking of <mark style="color:yellow;">**xKAYEN**</mark> within the token contract, followed by the allocation of the staked sum to a selected plugin, thereby entitling the stakeholder to an array of benefits.

<br>