EthicHub Price (ETHIX)

What is the Ethix token?

Ethix is a token that bridges DeFi with productive economy. EthicHub has run a successful p2p lending operation for 30 months to coffee farmers in Mexico with 0% default rate and 500K USD funded.

DeFi is yet an only financial economy artefact because of the challenges that going out the digital world implies. Supply chain/ international credit is yet excluded from the DeFi revolution just because a correct tokenomics design has not yet been achieved to overcome the challenges that i.e financing unbanked farmers implies. We have achieved that bridge, with farmers not needing to deposit collaterals to reduce their funding costs by 10x, and investors enjoying coverage for minimising the risks of the p2p loans.

After + two years in production without a token, learning from real users to achieve the best token design possible, Ethix launched on Balancer last dec 22nd.

Basically Ethix is used to compensate possible loan defaults on the platform, be staked to become a credit originator at the platform, have governance rights in the EthicHub DAO or get high quality coffee with discount, and share the fees originated in the platform, building up a perfect incentives loop.

Ethix can also be added to liquidity pools yielding additional return for its holders.

How many ethix tokens are there in circulation?

Out of the 100 MM tokens of initial supply when EthicHub ran its presale back in 2018 (553 ETH raised 1 ETH = 5.000 ETHIX) 50 MM are allocated to the compensation pool, 25 MM are issued asyntothically for the next 16 years, 5 MM belong to participants in the token sale and bounties executed, 10 MM are reserved for staking by Lending Dev SL as credit originator, and 10 MM is reserved for the team and advisors with a vesting period of 4 years.

Token contract address: https://etherscan.io/token/0xfd09911130e6930bf87f2b0554c44f400bd80d3e

Uniswap pair: https://info.uniswap.org/pair/0xb14b9464b52f502b0edf51ba3a529bc63706b458

Balancer pool: https://pools.balancer.exchange/#/pool/0xb93aa4cdeef1293303f628e16dd06ddd42db19f1/swaps

Staking contract: https://etherscan.io/address/0x5b2bbbe7dfd83aa1f1cd0c498690e6ecc939cc2d#tokentxns

Bilaxy ETH/ ETHIX pair: (CEX) https://bilaxy.com/trade/ETHIX_ETH?