1. Project introduction

Haven is an open source, community-led network of private digital assets. It is a way for anyone to anonymously store their wealth without the need for any banks or third party intermediaries. It allows anyone, anywhere to hold their money in a range of different asset classes to suit their needs. Virtually any asset can be added to the network including precious metals, commodities and stocks allowing diversification in complete privacy.

It is a Proof-of-Work cryptocurrency network based on the cryptonote protocol. It was originally started as a fork of Monero, one of the most highly regarded privacy focused coins in the space. Haven uses what is known as a ‘mint & burn’ process to convert between all supported assets on the network. Once a person owns XHV (Haven base currency) that can then be used as network collateral to convert to any other supported xAsset. When a user converts from XHV to xUSD, they mint xUSD and burn the equivalent USD worth of XHV.

Haven’s base currency XHV is a Proof-of-Work cryptocurrency. It acts as the collateral for the entire network of xAssets. It is based on Monero, and as such inherits all of Monero’s privacy features.

2. Distribution

XHV is a pure Proof-of-Work (PoW) coin with the same emission curve as Monero, it has an initial minable supply of 18.4 million and a small tail emission once those 18.4 million coins have been mined.