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Cryptocurrencies: 23310
Exchanges: 112
Market Cap: $$2.95T
24h Vol: $117.63B
Dominance: BTC: 63.8% ETH: 7.4%
ETH Gas: 29 Gwei
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The OpenX project is a decentralized collaborative arrangement designed to recruit new users and willing builders to participate in an open exchange of ideas and values for digital currencies.
OpenXSwap's native token, OpenX, provides the foundation for the exchange. Liquidity providers use it to participate in active yield-generating pool exchanges. These pools are designed to generate transaction fees, which are then used to buy back and burn OpenX, thereby offsetting its emissions. How quickly OpenX disappears (by destruction) and transforms (becomes xOpenX) will measure its success.