CXN NETWORK’S FIRST PRODUCTS’ PHASE — LENDING, STAKING, DEFLATIONARY TOKENOMICS AND DMA MODEL
CXN Network is building an ecosystem, where all the components interact to drive the utility of the CXN tokens. This gives birth to the DMA (Dual Market Access) model as it provides the users with the necessary tools to leverage multiple markets contemporaneously. This article explains the relationship among the features and products of the CXN Network.
Lending and Staking
At its core, lending is a novel approach in asset management , which allows users to access loans and use their crypto assets (BTC, ETH and CXN) as a collateral. At the inception, the system will be designed to be fully peer-to-peer and decentralized. To boot, users will be able to lend and borrow fiats and stable coins at fixed and variable rates (set by the users). As the platform evolves, the users are not limited to just individuals as institutions and family houses could marshal this leverage, and long on their assets, BTC, ETH, and CXN, while they still have access to capital.
Staking is another facet, which allows the holdlers of the CXN tokens to benefit from the deflationary implementation. As each address-to-address transaction incurs a fee, a portion of which is automatically allocated to reward the stakers, the negative volatility of the CXN tokens is inherently minimized. Of course, this is a stream, and it, in turn, creates another stream through the lending facet of the ecosystem.
The DMA model flaunts its significance here, and connects the two previous operational models. When a user stakes, the staked CXN tokens can be used as a collateral, and the implication is that stakers would benefit from the staking rewards, DAO, and the upside potential of the CXN tokens (while the unlocked capital can be channeled to make other investments within the ecosystem). This returns significant value back to the ecosystem by creating a fully internal loop.
Lending and Deflationary Tokenomics
Crypto industry is currently very volatile and the unintentional consequences of the price volatility cannot be overlooked. The lenders have to be protected and this is built into the network tokenomics, fueled by the CXN tokens. Deflation (at the rate of 7% on each address-to-address transaction) discourages the usurious sale of the CXN tokens, and, in case the borrowers fail to fulfill their obligations at specific future times, the CXN tokens (used as a collateral) would be liquidated to protect the lenders.
Lending and Secondary Markets
Beyond staking, lending and deflationary tokenomics, the post pre-sale would feature lots of transitions, at the heart of new integrations and liquidity outsourcing, to create a rich ecosystem. As an upshot, users can borrow against their assets, obtain fiats and stable coins, and make investment in secondary markets. Everything happens within the same ecosystem.
About CXN Network
CXN Network is a tech company, which aims to implement solutions in various industries in response to available and viable market opportunities. The leverage of Blockchain and other components of the fourth industrial revolution is at the core of our operations, and the implication of our operational models is we could deploy centralized and decentralized products in any industry as long as the growth potential indicator is positive.
Our mission is to build robust platforms, which can withstand any amount of influx, cast off any security threat, and stand the test of time(as regards positive users’ experience and feedback). To boot, we strive to make CXN Network one of the largest, tech-solution companies in the world in terms of safety, quality products, trust, active support system, and simplified user interface.
At the inception, the primary target is the financial-inclusion markets upon the discovery of viable market opportunities presented by this domain. As a result, our first products will be released with a tactical approach, which inherently grows its influence and is tailored to the target.