The $CHANGE token ICO launched on HydraChain on February 28 with a tough cap of $2.4M and a set worth of $0.016
Hybrid DeFi venture ChangeX.io is merging all obligatory instruments – non-custodial pockets, cross-blockchain change, and checking account, full with private IBAN and a Crypto Visa Card – into one app, permitting everybody to faucet into the limitless potential of DeFi.
ChangeX.io launched its preliminary coin providing (ICO) of its CHANGE token on the HydraChain on February twenty eighth. The $CHANGE token might be purchased on the ChangeX.io web site and will probably be obtainable till Might 31, with no pre-sale or limitations to enrollment.
The philosophy of ChangeX is to behave as a bridge between the blockchains and the end-user, permitting inexperienced customers to profit from a secure, easy-to-use, and mobile-friendly expertise. ChangeX goals to unite the entire cryptos in its non-custodial pockets and hybrid CeFi/DeFi change whereas introducing in-app staking, lending, and swapping throughout blockchains. The app will facilitate crypto purchases with fiat, and also will function a private checking account, finishing the circle.
By tapping into the facility of versatile staking swimming pools, ChangeX will pioneer a Leveraged Staking product with a configurable issue between 1.2x and 2x, with property being borrowed in opposition to an open stablecoin market. With ChangeX, staking PoS property will probably be attainable on a number of blockchains with out ever leaving the app. The extra property which are staked, the larger the rewards, with projected APR’s reaching as much as 80.5% with out even resorting to Leveraged Staking.
Belongings, even staked ones, will probably be obtainable to spend always by way of the ChangeX Crypto Visa Card.
The CHANGE token
CHANGE has a set provide and a deflationary nature that may harness the inflationary energy of different PoS property within the app, leading to larger passive earnings, whereas empowering holders to vote on listings and their integration into the ecosystem. The venture may have its token financial system primarily based on an HRC20 token (HydraChain) and can intention to carry not solely highly effective synergy for the HYDRA ecosystem, but in addition to allow a lovely product to all different PoS chains.
The token will energy the one-of-a-kind Leveraged Staking product, which is designed particularly for PoS and inflationary property to be able to amplify the APR impression. The accounts used for Leveraged Staking that do the borrowing may also lead to a lovely APR for the stablecoins lenders themselves.
Rewards from the versatile staking swimming pools may also be redistributed again to holders simply by holding CHANGE. Moreover, 30% of all in-app crypto-to-crypto conversion charges will energy a purchase and burn mechanism to scale back complete provide and enhance the value.
With an ICO arduous cap of $2.4M and preliminary mounted token worth of $0.016, CHANGE goals to supply a lovely public launch, particularly when contemplating the venture’s potential and the workforce behind it.
Why ChangeX?
With improvement outpacing adoption and the customer experiencing a troublesome nut to crack for a lot of, there are various who consider that crypto should change to be able to survive. The hole between the mainstream person and the ever-accelerating tempo of innovation widens each day and, whereas Bitcoin is broadly recognized, phrases like DEXs, liquidity mining, staking, and automatic market makers stay largely obscure to most people. Thus, crypto continues to be inaccessible to the non-tech-savvy individual. ChangeX goals to treatment that by providing one complete instrument to navigate the house.
The Crew
ChangeX.io founders Nick Iliev and Gary Guerassimov have a wealthy historical past in growing profitable fintech options, amongst them xChange.bg – Bulgaria’s main crypto change, LockTrip, and HydraChain. The venture’s CTO Martin Kuvandzhiev is likely one of the core builders at Bitcoin Gold – a tough fork of the supply Bitcoin code, which introduced decentralization again to retail merchants and made mining by way of widespread GPUs attainable once more. Again in 2015, he and his workforce received NASA’s Area Apps Problem with a venture known as Valkyrie, which received them an invite to the Kennedy Area Middle. Extra info on the workforce might be discovered right here.
The Firm
ChangeX.io goals to turn out to be a one-stop-shop for buying and selling, staking, DeFi lending and fiat-to-crypto buying and selling, permitting inexperienced customers to profit from a secure, simple to make use of and mobile-friendly
expertise, whereas storing, preserving, and rising their wealth on their cellular gadget. ChangeX has expertise in growing working blockchain-based options, and the workforce behind is well-versed in all issues crypto and fintech.
Web site: https://changex.io/
Medium: https://changex.medium.com/
Twitter: https://twitter.com/ChangeXapp
Telegram: https://t.me/hydra_project_x
Disclaimer: This can be a paid submit and shouldn’t be handled as information/recommendation.
