The Open X Project distinguishes itself by developing intelligent contracts to facilitate the free exchange of ideas on permissionless blockchains. It integrates OpenXSwap as a comprehensive platform that combines an aggregator, NFT Market, and project management tools, encouraging knowledge exchange and collaboration. The project's native token, OpenX, incentivizes liquidity providers in Active Yield Generating Pools, with emissions decided by the core team until governance is fully implemented.
Value Proposition:
The value proposition of the Open X Project revolves around crafting intelligent contracts that enable the unrestricted sharing of ideas and leveraging the potential of permissionless blockchains. This initiative, with OpenXSwap as an aggregator, NFT Market, and project management platform, fosters an environment of knowledge sharing, resource pooling, and cross-disciplinary cooperation.
Governance:
Users and projects can propose to the Governance community new pools to receive OpenX emissions. Once accepted, an epoch-by-epoch emissions allocation is determined by the number of votes it gets from the users (or project) relative to other Active Yield Generating Pools.
Tokenomics:
OpenXSwap’s native token, OpenX, serves as the base pairing for our exchange. Liquidity Providers receive it in exchange for participating in Active Yield Generating Pools. These emissions will be determined by the Core development team until the project has passed into its Governance phase.
Previous Funding:
The Open X project is a fully self bootstrapped project.
