Difference between revisions of "XSNX"

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Latest revision as of 09:02, 23 January 2022

 Basics

"xSNX is a managed fund where staking returns and trading fees accrue to the Net Asset Value of the token. You buy once to get in and you sell once to get out."

"However, for those looking for a quick summary, xSNX is an easy way to invest in SNX without:

  1. minting
  2. claiming
  3. hedging
  4. managing your collateralization ratio

On the flip side, xSNX provides you with:

  1. set-and-forget exposure to SNX staking returns
  2. highly simplified tax planning and accounting
  3. a liquid representation of your SNX staking position that you can use as collateral, add to liquidity pools or transfer from wallet to wallet"

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Tech

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].
  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Layer Two

Different Implementations

Interoperability

Other Details

Privacy Method being used

Compliance

Oracle Method being used

Their Other Projects

DEX

Governance

DAO

Self Funding Mechanism

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners