Native DEX token of OpenXSwap
OpenX Token Address : 0xc3864f98f2a61A7cAeb95b039D031b4E2f55e0e9
OpenXSwap’s native token, OpenX, provides the foundation for the exchange. Liquidity Providers receive it in exchange for participating in Active Yield Generating Pools. These pools are intended to generate transaction fees then used to buy back and burn OpenX, offsetting its emissions. The rate which OpenX disappears (via burns) and transforms (into xOpenX) will measure its success.
There was no presale or ICO for OpenX. It is a currency intended to facilitate actions beneficial to the exchange, including liquidity provision, community involvement, and governance participation. All tokens in circulation were fairly distributed to liquidity providers and governance participants.