XION

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Xion

Yes, there is a crypto token planned for the XION project. The native token is called XION ($XION)[1]. It is designed to power the Proof of Abstraction consensus mechanism and serve multiple functions across the layer one network and its ecosystem, including network usage fees and staking security[1]. The total supply of XION tokens is set at 200,000,000, with an initial circulating supply of 25,559,333 (12.78%) at the token generation event (TGE)[1].

Yes, XION has launched an airdrop called "Believe in Something"[1][4]. Eligible participants can check their eligibility for the airdrop at https://believe.xion.burnt.com[1]. The airdrop allocates up to 5% of the total token supply (10,000,000 $XION) to reward active users, developers, and community members across multiple ecosystems[1]. Additionally, XION has introduced the Promethean Saga, a three-month campaign following its mainnet launch, which offers further opportunities for community engagement and rewards[10].