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English
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WAX TokenWAXP
Rank #145
Current market value: $192.63M
WAXP ( Global )
$0.12412659
+0.25%
$0.12412659฿0.00000509
Low:$0.12239576
High:$0.12879850
Market Cap
$192,626,891.04
Volume(24H)
$13,307,551.8
All-Time Low$0.03020700
All-Time High$0.97836100
ROI62.06%
Circulating Supply
1,552,761,085 WAXP
83.9%
Max Supply
3,770,303,327 WAXP
Total Supply
1,850,000,000 WAXP
24h
0.25%
7d
9.75%
30d
28.26%
3mo
0.27%
6mo
-63.11%
1y
-30.16%
All
- -
K Line
Trend
1d
1w
1mo
6mo
1y
3y
All
WAX Token (WAXP) Intro

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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