Oxfinance

1. Summary

Ranks

Liquidity

-

Developer

-

Social

33

Momentum (beta)

0

Stack Rank™

-

Price

$0.16 0.0%

Market Cap

$0.00 (#10689)

Supply

/

Tags

Binance Smart Chain Ecosystem BNB Chain Ecosystem

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Price
52W High price	$0.55
52W High date	5th May 2022 (2 years ago)
All Time High (ATH) Date	14th Nov 2024 (3 months ago)
All Time Low (ATL) Date	14th Nov 2024 (3 months ago)

Supply & Trading Volume
Trading Volume (24h)	$6.00

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Description

OXFinance (OXFI) is an innovative financial protocol designed to reduce investor risk while increasing token prices. The protocol features a Secure Vault where users can exchange BUSD at any time, independent of liquidity prices. The initial capital of the vault, comprising 47% of the pre-sale capital, provides a considerable floor price for the to...

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OXFinance (OXFI) is an innovative financial protocol designed to reduce investor risk while increasing token prices. The protocol features a Secure Vault where users can exchange BUSD at any time, independent of liquidity prices. The initial capital of the vault, comprising 47% of the pre-sale capital, provides a considerable floor price for the token.

Tokenomics:

• Unlimited price increases are facilitated through 7% of each purchase tax, which increases the vault funds. 5% of the sales tax is burned, ensuring a continuous increase in the repurchase price.
• The unit price of the repurchase does not decrease. When holders exchange BUSD through the vault, 100% of the used OXFi is destroyed, reducing the total token amount.
• The vault's balance, divided by the total amount of tokens, determines the repurchase unit price. This ensures that treasury funds are not fully exchanged.

Upcoming Developments:

The OXFi team aims to launch additional applications within the OX ecosystem, including OX Node, OXNFT, OX Launchpad, OX Farm, OX LP Pool, and OX Swap, in accordance with their roadmap.

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