X Protocol is a cross-chain protocol based on Polkadot, providing a decentralized, safe and fast bridging solution. The goal of X Protocol is to create a decentralized metaverse world on the basis of web3.0; and in its world view, through the X cross-chain bridge, asset cross-chain management and data aggregation between various heterogeneous chains can be realized Predictive analysis, creating a blockchain metaverse value network.
POT is the common basic token of X Protocol, which can be used in various scenarios of X Protocol, such as settlement token in X Predict Market, the first application prediction market, used for rewards, crowdfunding, etc. in the community .
POT is also a governance token in X Protocol, such as in the prediction market for initial proposal voting, determination of results, etc. POT will also be used to motivate participation in activities in the X Protocol, such as participation in staking.