WEEX announced that it has officially launched its platform currency WEEX Token (WXT) recently. According to CoinGecko data, WXT has risen by 8% in the past 24 hours and is now trading at $0.01095, with a 24-hour trading volume of approximately 28.1 million WXT.
WXT is the cornerstone of the WEEX ecosystem, and is designed to incentivize partners, contributors, pioneers, and active members of the WEEX exchange community. Users holding WXT can participate in the Launchpool and Launchpad of the WEEX platform, and enjoy benefits such as handling fee discounts, referral reward upgrades, VIP upgrades, and exclusive star token airdrops. The total issuance of WXT is 10 billion, with an initial supply of 3.9 billion. In the future, the total supply will be reduced to 1 billion through repurchase and destruction. #BNB金鏟子