The current price of UX Chain is $0.00043302 in USD. As of now, a total of 12.3B ux are in circulation across the market. UX Chain has experienced a price change of -3.64% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, UX Chain trading volume on crypto exchanges has reached $21.7K.
Description
UX is a blockchain-based lending platform prioritizing safety and programmability. It serves as a foundational blockchain, enabling application creation and financial tools, facilitating cross-chain leverage, liquidity, and debt instruments. UX promotes interoperability with various blockchains, including Cosmos, Ethereum, and layer two solutions. It operates on Tendermint BFT consensus, managed by validators who stake tokens for Proof of Stake consensus, ensuring network decentralization. Users can delegate tokens to validators, participating in governance and earning rewards in UX tokens. These tokens are used for governance, voting on protocol changes, and influencing DeFi parameters. Brent Xu, a veteran in blockchain and a former key member at Tendermint and ConsenSys, founded UX, originally named Umee, envisioning a versatile blockchain ecosystem.
ux Markets
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