In the rapidly developing fields of decentralized finance and blockchain technology(Tokens and Property Tokens), 0xEquity is a trail-blazing platform offering cutting-edge real estate investing options. Two essential tokens are at the heart of 0xEquity’s ecosystem: the property token (WXEFR or XEFR) and the 0xEquity native token (XEQ). Investors hoping to take full use of the platform’s potential must understand the distinctions and purposes of these tokens.
0xEquity Native Token (XEQ)
As a utility token at the heart of the 0xEquity platform’s operations, the XEQ token is indispensable. Because XEQ is an ERC20 token, it complies with the Ethereum token standard, guaranteeing widespread interoperability and user-friendliness throughout the Ethereum ecosystem.
Key aspects of the XEQ token include:
Utility and Governance:
Fees for purchasing, selling, and transferring property tokens are among the many services and transactions on the 0xEquity platform that are paid for with XEQ. Furthermore, XEQ plays a governance function when vested as XEQ, giving token holders the ability to affect platform policy and development as well as receive platform fees.
Public Trading:Â XEQ, which is now used on the 0xEquity platform, will eventually be listed on a public exchange, increasing its liquidity and giving token holders additional options.
Ecosystem Integration:Â By acting as a fee token, XEQ’s integration guarantees smooth transactions and operations within the 0xEquity platform, streamlining the user experience.
