Token Format

Native UX tokens are used across the Cosmos ecosystem, while ERC-20 UX tokens are used across the Ethereum ecosystem.

Different blockchains typically use different versions of tokens. Most tokens can be used across blockchains if converted to the correct format. It’s important to know which type of tokens you are in possession of before interacting with any web3 applications.

The UX token exists in two forms: a Cosmos native version (the native UX token) and an ERC-20 token version native to Ethereum. The two forms of UX tokens can be freely converted to one another.