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Topic starter
13/06/2023 12:09 pm
Can someone explain for what are all those tokens?
This topic was modified 1 year ago by hubadmin
13/06/2023 12:10 pm
UTX is the native coin for the UX Network chain. It provides resources when staked to cpu/net, or provides rewards for lending your utility to others.
UTXRAM is a token that provides 1kb of RAM per token to your UX account. This approach differs from other antelope chains, but has its advantages.
UFX is the native fee governance token for the UtilityX AMM. Its full function hasn't been released yet, but will probably be used in similar ways as other fee governance tokens. There will be multiple ways to aquire it, like providing liquidity in pools to get UFX as a reward. Swapping is the only way to get it for now though. If you want to know more I'll add you to my group to chat.
