XMARK

xMARK price 
XMARK

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Circulating supply
 
0 XMARK
0.00%
Total supply
 
0 XMARK
Max. supply
 
20,000,000 XMARK


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About xMARK

Benchmark Protocol's xMARK token is issued similarly to a LP token in exchange for staking MARK tokens in the Standard, Benchmark Protocol's single asset staking model. xMARK is similar to a receipt in that you can exchange it back at anytime for the underlying MARK tokens.

As MARK is a rebase token, the assets underlying the xMARK token will be affected by rebase; however, the number of xMARK tokens you own while staking, will never rebase. The exchange rate of xMARK to MARK tokens therefore will be dynamic.