What is sxc currency (What does sxp currency mean)?
What is sxc currency, how is it implemented? It is a network based on Bitcoin a
What is sxc currency, how is it implemented? It is a network based on Bitcoin and Ethereum that connects smart contracts, digital assets, and cryptocurrencies to the blockchain, thereby creating new financial products and services in the network.
Users can trade (including lending) or purchase other assets on SXC. When users use SXC, they receive a wallet address called “xToken” as a reward; additionally, Xtoken can also be used for activities such as paying transaction fees and transaction commissions.
Essentially, sxc is a decentralized application protocol that can be integrated and used with any software. This application allows developers to build dApps on their platform and access various services, such as exchanges, wallets, and NFT markets.
What does sxp currency mean?
According to official sources, sxp currency is a cryptocurrency that is pegged to the US dollar and is a stablecoin. It is an ERC-20 token (similar to Bitcoin) issued by SXP holders.
Specifically, exchanges that provide liquidity for STP can convert STX into USDC to receive transaction fee dividends and other profits without any operational processes. Users can also use sxp to mortgage their own ETH to purchase sxp. Currently, sxp has been listed on multiple DEX and lending platforms such as Uniswap and Pancake.
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