Centralex priceCENX
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Total supply
- 500M CENX
- Self-reported circulating supply
- 264.04M CENX
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About Centralex
We have opted to launch the CenX token on the ERC20 network as this offers a safe, secure and stable ecosystem. We completed our main, staking, and governance contracts. All 3 have been audited by hacken.io to ensure the safety of our contract. We will be deploying still-to-be-announced Custo-Defi features.
We are in the process of developing a portal so that our holders can interact with the contract which enables the community to have a voice when it comes to aspects of certain projects, we hope to see how these abilities will be used by the communities organically in the near future. A good consensus from our community will help guide our project millstones in the future.
The CenX staking contract enables users who are staking CenX to start receiving up to 25% of the transactional CenX fees received on the Centralex Exchange for trades. The Cen-Split Program offers token holders quarterly airdrop rewards, simply just for holding the token.
The staking option is to get rewards from trading and fees coming through our program across a trading engine and fees. Once a user has staked, the accruals starts to be added according to the deposited amount Unique points is an algorithm for fair reward distribution. Once a staker has deposited the token in staking contract he will be accrued with rewards coming from trading engine rewards every time period.
We have locked tokens under the TrustSwap liquidity lock. We also locked our team tokens. We are here for the long run and not just making a quick buck.
Centralex completed our main, staking, and governance contracts. All 3 have been audited by hacken.io to ensure the safety of our contract. We will be deploying still-to-be-announced Custo-Defi features.
The Centralex token is a utility token which can be used for trading discounts, governance and there was a token burn the first year of 5% and will be halved every following year.
Custo-DeFi is a new concept created by our team. How does this work? You have Centralized exchanges who are a custodial service where you store all your assets and private keys. If you want to stake, governance or join any other DeFi solution you need to transfer your funds to a DeFi (Web3) wallet. When we talk about a DEX we know that you are 100% in control over your own wallets and funds and are able to do P2P transactions. We are Centralex put both CEX and DEX into one platform called Custo-DeFi. This allows you as a user to use the full custodial safety from a CEX but have the freedom of a DEX. This allows you to stake, governance, and participate in any other DeFi soliution on the market including trading on UniSwap or any other decentralized exchange. This all thanks to our partner Fireblocks who is providing us Centralex the best wallet technology in the industry with their Multi sig MPC wallet technology.