What is XEQM LABS(XEQM)?

XEQM Labs is a privacy-preserving Proof-of-Stake network and developer platform. The network operates on a 60-second block time with a fixed circulating supply of 276,917,604 XEQM, established through a one-time migration from the legacy Equilibria (XEQ) chain. Network security is maintained by a set of service nodes that stake XEQM and earn block rewards for participating in consensus. The network uses no Proof-of-Work mining component. The protocol distributes 8.25 XEQM per block as service node rewards, generating approximately 11,880 XEQM in daily block emissions. A separate governance emission of approximately 17,857 XEQM per day funds protocol development, ecosystem programs, security audits, and a long-term reserve. The project commits to a fixed-supply discipline with no discretionary mints and no token burns. Service nodes require a full stake of 200,000 XEQM, with operators contributing a minimum of 100,000 XEQM and community contributors filling up to 10 additional slots at a 10,000 XEQM minimum per slot. Service nodes operate on continuous terms rather than fixed periods, with a 14-day unbonding window when operators choose to exit. The XEQM Labs developer platform exposes the network's privacy capabilities through an API. Developers stake XEQM to unlock tiered API access, applications consume XEQM as they make calls above tier allowances, and API node operators earn a share of platform fees for serving developer traffic. The roadmap includes a privacy oracle capability that allows smart contracts and external applications to consume authenticated private data feeds from standard HTTPS endpoints using zero-knowledge proofs, without exposing the underlying source data. XEQM is the access and usage token across the network and platform, with utility in service node staking, developer tier staking, API call consumption, and future oracle session fees.