---
title: "Multisig wallets, the testnet token model, a fresh testnet"
update: 6
week: 2026-w16
week_of: 2026-04-13
published: 2026-04-13
network: testnet
releases: ["core v0.6.0", "explorer v0.6.0"]
url: https://xe.marketized.io/changelog/2026-w16
---

# #006: Multisig wallets, the testnet token model, a fresh testnet

_13–19 Apr 2026_

Accounts can be held by a group of keys, the testnet moved to its token model with a one-time mint of XE, and the network was redeployed on five nodes.

## Wallets held by a group of keys

**New** · Wallet

A multisig account needs M of its N keys to spend, and one to receive. Its keys can be rotated without moving the money, and the explorer shows who holds it.

[Read the docs](https://xe.marketized.io/docs)

## The testnet’s token model

**Breaking** · Protocol

XE is minted once, in a genesis block, and can’t be claimed any more. The faucet gives **100 XUSD** a day per account, and voting weight now follows XUSD, so anyone on the testnet can take part.

[About the XE token](https://xe.marketized.io/token)

> **Testnet reset:** The testnet was reset for the new token model. Balances and leases from before 13 April are gone; fund a new wallet with `xe fund`.

## New

- **CLI & API:** Open and rotate a multisig account, and read its keyset, over the API
- **Explorer:** An “M of N” badge on multisig accounts, their keysets, and every signature on a block
- **Network:** The testnet wiped and redeployed: three core nodes in London, Frankfurt and New York, and two providers

## Improved

- **CLI & API:** `xe fund` claims 100 XUSD in one go