WAX Token

WAX (WAXP) is a purpose-built blockchain, released in 2017, designed to make e-commerce transactions for every party faster, simpler, and more secure. WAX blockchains use proof of delegated interest (DPoS) as their consensus mechanism. It is fully compatible with EOS. 
WAX developed custom features and incentives designed to optimize the usefulness of blockchain, specifically for e-commerce, with the goal of encouraging votes on proposals. 
 To do this, WAX created a suite of blockchain-based tools, Can build on these tools decentralized applications (< a href = "https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps" > DApp < / a >) Markets and irreplaceable tokens. 
E-commerce operations are supported by services such as WAX Cloud Wallet, SSO and OAUTH, which is a native RNG service and developer portal. WAX's blockchain architecture supports block generation times of 500 milliseconds and zero-fee transactions for customers. It also uses voting rewards to motivate participating block producers to make choices and suggest improvements. 
 idea has WAXP - to - Ethereum (< a href = "https://coinmarketcap.com/currencies/ethereum/" > ETH < / a > ) bridge. Allows WAXP token holders to convert their tokens to WAXE, an Ethereum-based ERC20 utility token. 
 Users willing to participate in WAX token economics need to burn their WAXP tokens in order to get WAXE via the Ethereum Bridge. They then need to pledge WAXE tokens on ethereum distribution contracts. 
WAXG is an Ethereum-based ERC-20 governance token distributed to WaXe-pledgers. Allocation is based on a set schedule and is proportional to a percentage of the WAX economic activity pool. Thus, token holders can manage the distribution and distribution of economic value on the platform. 
WAX Economic activity pool is a smart contract that accumulates a percentage of WAX fees that can be converted to ETH for distribution to waXe-pledgeers. It is also available to WAXG token holders who decide to burn the tokens they already have.

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WAX Token (WAXP) Intro

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By applying to become an order recipient and binding the trading API, you agree to the following disclaimer:

1. API Usage Responsibility: The individual operator acknowledges and confirms that binding the trading API is for executing contract trades. All transactions executed via the API are independent of the order recipient’s decisions, and the order recipient assumes full responsibility for the trading results.

2. Security: The order recipient is responsible for safeguarding their API key. Unauthorized access or use may result in financial loss. Brokers must immediately notify the platform in writing of any unauthorized use.

3. Trading Risks: Using the trading API involves market risks, including but not limited to price fluctuations and slippage. Leaders should independently assess market risks. Individual members should also independently assess market risks, and the platform bears no responsibility for losses caused by market fluctuations.

4. Technical Issues: The use of the trading API may be affected by technical issues, including but not limited to system failures and network interruptions. The platform is not responsible for losses resulting from technical issues.

5. API Key Protection: The order recipient must properly safeguard their API key and not share it with any third party. Any loss caused by the leakage of the API key shall be borne by the order recipient.

6. Compliance: Leaders using the API must comply with all applicable laws and regulations. Violations may result in the termination of the order recipient’s qualification.

7. API Privileges: Leaders acknowledge and agree that the privileges granted by API binding will allow contract trading execution. The platform is not responsible for losses caused by the improper use of API privileges.

8. Disclaimer Changes: The platform reserves the right to modify the disclaimer at any time. Changes will be notified by the platform. By continuing to use the API, the order recipient agrees to any modifications to the disclaimer.

I have read, understood, and agreed to all the terms of the above disclaimer.

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