DAXE is the first multi-chain Certificate of Deposit. It is a proof of wait token where HODLers benefit more. It launched on BSC on November 22nd and launched on AVAX on Dec 12. It will then launch on PulseChain and Polygon in January and possibly Solana, VLX and ADA. DAXE is special in that it is setup to reward long term holders though staking. Those who stake enjoy a base rate in addition to a long stake rate that increases exponentially over time. DAXE also benefits those who stake by rewarding them with a significant portion of the penalties deducted from those who unstake early.
As we deploy to more and more chains, current DAXE holders will also benefit by getting airdrops on the newly deployed chains. Riding on the success of HEX which did a 10,000x in 1.5 years, DAXE improves on that concept by allowing small cap investors to participate by buying and staking without the impact of large gas fees. It will also provide a second chance for those who missed the best value appreciation period of HEX.
Since its launch, DAXE has increased a lot in value.
DAXE has absolutely no fees (no tx fees, no reflection fees…)
1% of circulating supply of DAXE will be donated to Richard Heart, founder of Hex.
This is what 1000 DAXE staked would give you for
1 month —> 1014
2 month —> 1033
3 month —> 1053
6 month —> 1102
1 year. —> 1205
2 years. —> 1425
3 years —> 1685
5 years —-> 2360
10 years —> 5885
15 years —-> 13740
The is just from staking.
A big portion of what you gain if you stake is from other early unstakes. (A large portion of emergency unstakes are redistributed to all active shakers). This should not be neglected.
This is the beginning of the story for DAXE and those who join in early stand to gain the most.
The Daxe Team is made of AI industry expert that have using their skillet to design the best store of value coin to date.
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