UX Token FAQ
Where can I purchase the UX token?
The UX token is currently AVAILABLE for purchase. The Coinlist public sale has ended, and the TGE occured on February 15th, 2022. More information about where UX can be purchase can be found here.
Has UX been issued?
The UX token has been issued. The token was issued to Coinlist buyers during the TGE that occured on February 15th, 2022. You are now able to purchase UX on available markets.
What is the UX token used for?
UX tokens are used to pay for network fees on the UX chain, to provide Proof of Stake consensus to the UX network, and for protocol governance. You can read more about UX token uses in UX documentation
What is the total UX token supply?
10 billion. You can learn more about the inflation and deflation mechanisms in place here
What is the initial distribution and release schedule of the UX token?
Details about UX’s token distribution and release schedule can be found here
What is the blockchain configuration of the UX token?
The UX token will exist in both ERC20 and Cosmos SDK format. If users want to convert from one blockchain to another, all they need to do is to go to the UX Application page and use the convert function through UX’s gravity bridge; such transactions will take sub minutes. Find more details here
I have another question that’s not answered here.
Take a look at the official documentation - if you can’t find the answer to your question here, share it with us in the #support-chat on Discord or in the UX Telegram.
