xCRX XCRX

1. Summary

Ranks

Liquidity

-

Developer

-

Social

70

Momentum (beta)

0

Stack Rank™

-

Price

$0.000452490000 +1.3%

Market Cap

$0.00 (#12188)

Supply

0.00 / 46.69M

Tags

Cronos Ecosystem

More Metrics

Price
52W High price	$0.004982173600
52W High date	12th Mar 2024 (1 year ago)
All Time High (ATH) Date	8th Nov 2022 (2 years ago)
ATH Price	$0.06
% From ATH	-98.01%
All Time Low (ATL) Date	4th Nov 2024 (6 months ago)
ATL Price	$0.000818750000
% From ATL	43.01%

Supply & Trading Volume
Trading Volume (24h)	$10.00
Total Supply	46.69M
Max Supply	500.00M

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Description

CRODEX has introduced a new protocol that shares platform revenues with CRODEXers. The team is dedicated to providing a seamless experience while adopting the protocol.

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CRODEX has introduced a new protocol that shares platform revenues with CRODEXers. The team is dedicated to providing a seamless experience while adopting the protocol.

Protocol Overview

The protocol consists of three elements:

• xCRX: The main token that is tradable and maintains liquidity in xCRX / CRO. It incurs a 9% fee-on-sell, which is distributed to rCRX holders as dividends.
• rCRX: The auxiliary token that is not tradable. It serves as a receipt for platform revenues and xCRX dividends and cannot be transferred to another wallet.
• xVault: The intermediary system that enables users to pledge xCRX tokens to receive rCRX. By holding rCRX, users accumulate xCRX in their xVault account from two sources:
  • Minimum 40% of platform-wide trade fees, distributed bi-monthly.
  • 9% of all xCRX sells, distributed immediately as dividends upon each sell.

Stake & Earn

• Holders of xCRX can stake xCRX-CRO Liquidity Provider tokens or single xCRX tokens to earn rewards.

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