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DragonX priceDRAGONX#2828
13.32% (1d)
DragonX to USD Chart
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DragonX statistics
- Market cap
- $88.07M
0.00%
- Volume (24h)
- $2.15M
41.84%
- FDV
- $109.27M
- Vol/Mkt Cap (24h)
- 2.44%
- Total supply
- 6.70T DRAGONX
- Self-reported circulating supply
- 5.40T DRAGONX
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DragonX news
About DragonX
DragonX is a derivative on maximum length TitanX stakes.
During the DragonX launch phase, users submit TitanX to the DragonX contracts. The contract mints DragonX in return. Through publicly callable functions, maximum length TitanX stakes are created by the contract.
The Ethereum rewards from these stakes are used to buy TitanX off the market and stake it. DragonX is bought and burned off the market with a portion of the Ethereum rewards earned through TitanX stakes.
This perpetuates the growth of staking rewards and increases the size of each subsequent DragonX buy and burn.
The amount of TitanX in the DragonX contract will always grow, even after the launch phase is over. DragonX is a deflationary, buy and burn store of value on Ethereum. DragonX receives Ethereum rewards from decentralized staking through TitanX, another Ethereum protocol. At the core of DragonX is the DragonX vault, a mechanism for increasing its share of the Ethereum rewards in TitanX, while allowing TitanX users to burn the supply. The DragonX project aims to be a deflationary store of value on Ethereum, with potential to accrue value over time as more decentralized applications are built around it.
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DragonX Price Live Data
The live DragonX price today is $0.000016 USD with a 24-hour trading volume of $2,146,265 USD. We update our DRAGONX to USD price in real-time. DragonX is up 13.32% in the last 24 hours. The current CoinMarketCap ranking is #2828, with a live market cap of not available. The circulating supply is not available and a max. supply of 6,700,000,000,000 DRAGONX coins.