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FOX was freely initiated and created by blockchain enthusiasts in the "Yuebai APP" user community, and will be issued in April 2021 through the Huobi ecological chain HECO. "Yuebai APP" has registered more than 200,000 users since the two months of public testing. In the future, FOX will rely on the "Yuebai APP" ecology to endow FOX with richer usage scenarios.
FOX (Fox Coin) is a decentralized and extremely deflationary digital currency issued by the encrypted social "Yuebai APP" user community based on the Huobi ecological chain. FOX will deduct 5% of the tax for each transfer transaction on the chain, of which 3% is added to the MDEX fund pool to provide liquidity, 1% is destroyed in real time, and 1% is allocated to the earliest supporters of FOX. The current FOX is completely driven by the user community of "Yuebai APP".