XLM coin, full name Stellar Lumens, also known as Stellar Coin or Lumens, is a cryptocurrency based on the Stellar consensus protocol. Here is a detailed introduction:

Basic Information

- Issuance Time and Price: Issued in July 2014 at a price of $0.0001, with an initial supply of 100 billion coins, of which 50% is allocated to the Stellar Development Foundation, 40% to investors, and 10% reserved for operational reserves.

- Total Supply and Circulation: The total supply is set at 50 billion coins. As of April 2024, approximately 22.7 billion coins are freely circulating in the market, while the rest is locked for network maintenance and other projects.

Features

- Fast Transaction Speed: The Stellar blockchain can complete a transaction every 5 seconds on average, enabling quick value transfer.

- Low Transaction Fees: The fee for each transaction is as low as 0.00001 XLM, which reduces the transaction costs for users.

- High Throughput: It can handle up to 10,000 transactions per second, meeting the demands of large-scale transactions.

- Decentralization: Operates on a decentralized network without a central controlling entity, maintained by numerous nodes, ensuring the system's security and transparency.

Uses

- Cross-Border Payments: Enables quick and low-cost international remittances, facilitating global capital flow.

- Asset Tokenization: Allows the creation of tokens representing fiat currencies, commodities, and other real-world assets, digitizing traditional assets.

- Decentralized Finance: Applicable in decentralized finance areas such as stablecoin issuance and lending.

- Value Storage: Can serve as a means of value storage to some extent.

Inflation Mechanism

An additional supply of 1% will be added each year, distributed to community node operators through a voting mechanism to incentivize their participation in network maintenance.

Team and Partnerships

Founded by Jed McCaleb and others, the team members are experienced, with board members including notable figures such as the former COO of Square, and advisors including the co-founder of Dogecoin, and partnerships have been established with large companies like IBM and Deloitte.

Risks

Price volatility is significant; it reached $0.93 in 2018 but subsequently fell sharply, lingering around $0.09 in January 2023. Its price is influenced by the development of the Stellar blockchain, the sentiment in the cryptocurrency industry, and macroeconomic factors.