What is ChangeX and what are the roles of the CHANGE token?
With the development of the blockchain market and users’ understanding of the concepts of liquidity mining and staking, the gap between users is gradually widening. ChangeX.io realizes that the journey from ‘Fiat Banking’ to ‘Cryptocurrency Ownership’ is only half of the journey, and from ‘Cryptocurrency Ownership’ to ‘Participation in DeFi’ is equally important. The mission of ChangeX is to act as a bridge between blockchains, ultimately providing users with easy access to the world of blockchains and helping users overcome payment obstacles in real life.
CHANGE is the governance token of the ChangeX app. It is a deflationary HRC20 token and increases APR by acting as a collateral asset in the ChangeX app, and the proceeds will be paid in CHANGE. 30% of the crypto fees generated by the system will be used to regularly purchase and burn CHANGE to reduce supply. Additionally, CHANGE will provide voting rights to holders, allowing them to vote on additions to the ecosystem.
ChangeX.io is backed by a $100,000 seed investment from the HydraChain team through the LockTrip Ltd. entity, a member of the ASX-listed Webjet Limited Group. In return, LockTrip will own a 25% minority stake in ChangeX.io.
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CHANGE Token Overview
Token Name: CHANGE
Total Supply: 425,000,000
Total Circulation: 101,537,775
Coinstore.com Listing
Trading Pair: CHANGE/USDT
Trade Time: TBA
Withdrawal Time: TBA
What are the Pillars of the ChangeX System?
ChangeX Wallet: Users can access multi-chain cryptocurrencies from anywhere on earth without KYC and maintain control through ChangeX’s highly secure non-custodial crypto wallet.
CHANGE Token: According to the third-stage project roadmap, the project party will allocate 20M CHANGE tokens as a fixed stake asset, which is conducive to the price deflation of CHANGE.
ChangeX Crypto Visa Card: ChangeX will bind your SEPA Euro bank account with your ChangeX Crypto Visa Card within the framework of compliance. According to the project roadmap, the first ChangeX crypto debit cards should be operational in the first months of 2023.
Hydra Offline Staking: Hydra Offline Staking is a method of staking that does not require an internet connection. To qualify for staking, users need at least 100 Hydra tokens. CHANGE token will be the settlement method for transaction fees.
What are the utilities of the CHANGE token?
The Incentive to Profit from Deflationary Strategies Using Staked Assets
The ChangeX system will distribute flexible pool income to CHANGE token holders, fixed supply, and stable stake pool income.
Payment Method of the ChangeX System
CHANGE will be used as the payment method for system transaction fees, and the regular buying and burning mechanism will reduce the total supply of CHANGE.
Stake Lock Pool
The ChangeX system will reserve a pool of 20 million CHANGE tokens for the first 9 months to stimulate liquidity and act as a bridge until flexible staking pools come into play.
Governance Voting
Holding CHANGE will provide voting power in the process of approving new listings and integrating new leveraged staking assets into the ecosystem.
CHANGE Tokens Allocation
ChangeX Official Media
Website | Twitter (@ChangeXapp) | Telegram
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