Come funziona Onyxcoin? XCN

Teknoloji Dünyası · 2023-12-14T16:49:42.000Z

Onyxcoin funge da base all'interno del protocollo Onyx, una piattaforma decentralizzata progettata per prestiti e prestiti peer-to-peer di vari asset digitali sulla blockchain. Utilizza contratti intelligenti per transazioni non in custodia, garantendo sicurezza e trasparenza. Gli utenti forniscono asset digitali, tra cui Ether e diversi tipi di token ERC, in un pool unificato da cui possono prendere in prestito, utilizzando questi asset o NFT come garanzia. Unica di Onyxcoin è la sua concessione di linee di credito perpetue, a condizione che gli utenti mantengano garanzie sufficienti, eliminando le limitazioni tradizionali come scadenze o pagamenti mensili. Inoltre, #Onyxcoin ha un duplice scopo: agisce come token di governance, dando ai titolari diritti di voto sulle decisioni del protocollo, e come token di utilità, facilitando varie attività all'interno del sistema e mantenendo il suo equilibrio economico.

Onyxcoin functions as the base within the Onyx Protocol, a decentralized platform designed for peer-to-peer lending and borrowing of various digital assets on the #Ethereum blockchain. It utilizes smart contracts for non-custodial transactions, ensuring security and transparency. Users supply digital assets, including Ether and different types of ERC tokens, into a unified pool from which they can borrow, using these assets or NFTs as collateral. Unique to Onyxcoin is its allowance for perpetual credit lines, provided users maintain sufficient collateral, eliminating traditional limitations such as deadlines or monthly payments. Additionally, #Onyxcoin  serves a dual purpose: it acts as a governance token, giving holders voting rights over protocol decisions, and as a utility token, facilitating various activities within the system and maintaining its economic balance.
What Makes Onyxcoin Unique?
Onyxcoin sets itself apart in the decentralized finance arena through several distinctive features that foster user engagement, security, and convenience. A hallmark of its uniqueness is the governance model, where Onyxcoin holders can directly influence the trajectory of the Onyx Protocol through a structured system of voting and proposals, thereby ensuring a democratized control and continual securing of the platform. Another standout attribute is the incentivization of user participation via staking mechanisms, where users can stake their Onyxcoin holdings to earn rewards, sustaining the protocol’s economic vitality. Furthermore, Onyxcoin extends its utility beyond standard transactions, serving as a preferred medium for accessing Chain.com products with discounts.
How Is the Onyxcoin Network Secured?
#XCN is an ERC-20 token that was issued on the Ethereum blockchain. To protect its users, it takes advantage of the network's safety, transparency, and immutability.
How Many Onyxcoin (XCN) Coins Are There in Circulation?
XCN has a limited fixed supply of 48b tokens with 23b tokens in circulation. The remaining XCN tokens are distributed as follows: * 15,000,000,000 XCN allocated to the DAO * 10,000,000,000 XCN allocated to the Treasury.
Onyx users can stake their tokens for a 41.85% return, at the time of writing in October 2023.

How Does Onyxcoin Work? XCN

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