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About Onyxcoin(XCN)
What is Onyxcoin?
The Onyx Protocol is a decentralized platform that enables peer-to-peer lending and borrowing of various digital assets. Onyxcoin (XCN) serves as the governance and utility token for the platform and operates on the Ethereum blockchain. The platform supports a range of digital assets, including Ether (ETH), ERC-20 tokens, ERC-721 tokens, and ERC-1155 tokens. Through non-custodial custody via decentralized smart contracts, these assets can be supplied or borrowed through an aggregated and unified balance. Onyxcoin (XCN) aims to increase the borrowing capacity of the corresponding account by allowing NFTs to be supplied as collateral.
How does Onyxcoin Work?
Onyxcoin has several potential use cases within the Onyx Protocol. As a governance token, it allows holders to influence the trajectory of the Onyx Protocol through a structured system of voting and proposals. This ensures a democratized control and continual securing of the platform. As a utility token, Onyxcoin facilitates various activities within the system and maintains its economic balance. It also serves as a preferred medium for accessing Chain.com products with discounts. Furthermore, Onyxcoin holders may stake their holdings to receive compensation, sustaining the protocol’s economic vitality.
What makes Onyxcoin Unique?
Onyxcoin stands out in the decentralized finance arena due to its unique features that foster user engagement, security, and convenience. One of its hallmark features is the governance model, where Onyxcoin holders can directly influence the trajectory of the Onyx Protocol through a structured system of voting and proposals. This ensures a democratized control and continual securing of the platform. Another standout attribute is the incentivization of user participation via staking mechanisms, where users can stake their Onyxcoin holdings to earn rewards, sustaining the protocol’s economic vitality. Furthermore, Onyxcoin extends its utility beyond standard transactions, serving as a preferred medium for accessing Chain.com products with discounts.
XCN to local currency
Crypto calculator- 1 XCN to USD$0
- 1 XCN to JPY0.0019719293
- 1 XCN to VND0.0019719293
- 1 XCN to RUB0.0019719293
- 1 XCN to EUR (Español)0.0019719293
- 1 XCN to TRY0.0019719293
- 1 XCN to EUR (Italiano)0.0019719293
- 1 XCN to EUR (Français)0.0019719293
- 1 XCN to EUR (Deutsch)0.0019719293
- 1 XCN to CNY0.0019719293
- 1 XCN to TWD0.0019719293
- 1 XCN to EUR (Português)0.0019719293
- 1 XCN to IDR0.0019719293
- 1 XCN to THB0.0019719293
- 1 XCN to PLN0.0019719293
- 1 XCN to UAH0.0019719293
- 1 XCN to UZS0.0019719293
- 1 XCN to SAR0.0019719293
- 1 XCN to PHP0.0019719293
Trade XCN perpetual futures
After having successfully signed up on Bitget and purchased USDT or XCN tokens, you can start trading derivatives, including XCN futures and margin trading to increase your income.
The current price of XCN is $0.001972, with a 24h price change of -1.36%. Traders can profit by either going long or short onXCN futures.
Join XCN copy trading by following elite traders.
Onyxcoin news
See more
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
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Onyxcoin Social Data
In the last 24 hours, the social media sentiment score for Onyxcoin was 3, and the social media sentiment towards Onyxcoin price trend was Bullish. The overall Onyxcoin social media score was 0, which ranks 1305 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Onyxcoin being mentioned with a frequency ratio of 0%, ranking 1305 among all cryptocurrencies.
In the last 24 hours, there were a total of 134 unique users discussing Onyxcoin, with a total of Onyxcoin mentions of 2. However, compared to the previous 24-hour period, the number of unique users increase by 16%, and the total number of mentions has decrease by 0%.
On Twitter, there were a total of 0 tweets mentioning Onyxcoin in the last 24 hours. Among them, 0% are bullish on Onyxcoin, 0% are bearish on Onyxcoin, and 100% are neutral on Onyxcoin.
On Reddit, there were 1 posts mentioning Onyxcoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning Onyxcoin. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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