Yes, you will need to be running on macOS 10.12 or newer for the Xencelabs driver to be installed on your Mac.
Xencelabs driver download link: https://www.xencelabs.com/us/support/download-drivers
Note: The Xencelabs driver currently does not run natively on the M1/M2 chipset. As of 11/15/2022 our driver team is working on a macOS version that will run natively on the M1/M2chip set and we hope to have the released in the first quarter of 2023.