The cryptocurrency does not have earnings, a management team, or any real securities guidelines that it must obey. Similar to other alternative assets, the value of Bitcoin largely stems from perception driven by supply and demand. We follow the same model of pool initiation flow as UniSwap-type DEXs on Ethereum — i.e. users must provide both sides of asset trading pairs and liquidity to originate the pool. Please submit your details to the form by the end of 2022 to ensure you receive your OCX; also note that for Cardano holders, the minimum allocated amount to receive the tokens is 10 $OCX; addresses with allocations under 10 $OCX will not be distributed to.

The 1-20 reverse split was announced on Tuesday, July 25th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, July 25th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. Item 5 on our list — Liquidity provision for the OccamX DEX — has its own, separate allocation of 15,000,000 $OCX, and any tokens earned this way are not subject to a vesting schedule. The OccamX DEX is branded as those it was produced by its parent company, Occam.fi, but it was actually built by a team incubated by the Occam.fi platform. You can take a look at the OCX dashboard, which shows the current amount of OCX allocated across all ADA delegators, the total amount of ADA delegated to the pool, the OCX remaining to be allocated, the total number of delegators, and more.

• Here is a Cardano DEX list for you to explore all the decentralized exchanges built on Cardano.
• A second audit is currently being planned and will soon follow.
• 100,000,000 OCX tokens will be in circulation, the same as for OCC.
• The token will also play a key role in liquidity provision on the OccamX platform.

As of late December 2023, current predictions indicate an anticipated increase of 9.08%, reaching approximately $3.02 by December 31, 2023. The long-term outlook remains positive, with projections suggesting a potential high of $4.61 in 2024 and a further increase to $5.43 by 2025. Looking ahead to 2030, forecasts indicate the possibility of reaching a range between $5.29 and $7.11. It is important to note that these projections are based on historical price trends and market analysis, and actual performance may vary. One of the most obvious investment themes for 2024 is the fact that it is an election year.

MEXC’s MX Token Price: Can it hit 5$ soon

After finishing their IDO, Ardana could originate a pool on OccamX, supplying both Ardana tokens and ADA, and therefore providing liquidity to the pool for users to swap tokens. Pool origination and initiation flow is an essential part of any decentralized exchange ecosystem. As no centralized entity exists, assets must be provided by users of the OccamX DEX. The last few months have been difficult for the markets, and for ecosystems across the crypto space; we’ve had the collapse of major protocols, hacks, exploits, and more that have contributed to the current decline in value and interest of many projects.

The total $OCX allocated to $OCC stakers amounts to 15,900,000 $OCX, with 4,000,000 $OCX being allocated to LMs. On the 26th of October 2022, an initial unlock of 5% will be distributed — further unlocks will follow the standard distribution plan. Here is a Cardano DEX list for you to explore all the decentralized exchanges built on Cardano. There are multiple Cardano DEX projects for you to choose from, each with a different take on the DEX concept and the way of managing a decentralized exchange protocol.

Hosky Token

We will be announcing the details of the campaign and its incentives soon! A dashboard representing all the pools, including rewards and incentives is also being developed. Governance of the platform is decentralized and decisions are made by holders of the OCX token, of which the team gets 20% of the total supply. The OCX token can only be obtained by participating in the Occam.fi ecosystem, and this includes by staking to an ISPO, providing liquidity (on Binance Smart Chain), staking to Uniswap, or providing liquidity to the DEX. Note that most of these activities require you to hold and use the Occam.fi ecosystem’s token, OCC.

Each of the past three halvings correlated with new highs within 12 months. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. OccamX has also finalized its audit with HX Technologies, which you can check out here. A second audit is currently being planned and will soon follow. OccamX is supported by OCX, a DEX token that can only be attained through contribution to the Occam.fi ecosystem. The number of slots is dynamic, and is adjusted automatically to follow the desired on-chain order throughput and network limitations.

OccamX (OCX) all-time high (ATH) is $0.071583 USD

Utilizing Milkomeda allows OccamX to launch with full capacity, smoother UX and much more efficient price discovery dynamics, sooner than would have been possible on the Cardano mainnet alone. A source of debate within the blockchain community, concurrency needs to be overcome in order to have fast and efficient DEX capabilities on Cardano. In our first of its kind demo for OccamX, viewers can see and verify how two simultaneous swaps can be made in a single transaction on the Cardano network.

ADA PEEPOS $FREN

In December 2023, investors are presented with distinctive investment prospects. The MX Token, with its predicted rise to $3.02, reflects a resilient ecosystem and attractive user incentives within the MEXC Exchange. OKB, with a higher price point of $55.06, signifies a strong market presence. Conversely, LBK Token is expected to experience a slight decrease, and BGB is also poised for a decrease. Given its consistent growth, diverse utility within the MEXC ecosystem, and potential for higher returns compared to LBK and BGB, the MX Token stands as an appealing investment option. The MX Token’s price performance illustrated a persistent upward trend, even during periods of market volatility.

More Cardano

The demo, linked above, is narrated by Occam.fi technical writer Conor Devlin, author of the concurrency article quoted by Cardano Founder Charles Hoskinson. It shows for the first time a working solution for the concurrency problem with provable on-chain transactions. In tandem with the beginning of the $OCX token’s initial distribution, we are also thrilled to confirm that $OCX single token staking will be available from the outset! Users will have the option to stake their OCX as soon as they receive it, allowing you to passively earn more tokens whilst we all await better economic times. Those who delegated their ADA to the pOCC staking pool during the campaign period will have also earned an amount of $OCX tokens relative to their time delegating, and amount staked. Blockchain bridges can be custodial, where the assets are stored by a trusted 3rd party, or non-custodial, where the assets are locked up in a smart contract.

We have recently announced that the OCC-BNB pair is available to be traded on PancakeSwap. Users now have another way to participate in the liquidity mining campaign and be rewarded with OCX tokens — by providing liquidity to the BSC pool on PancakeSwap. Singapore , Dec. 27, (GLOBE NEWSWIRE) — In the ever-evolving landscape of centralized exchanges, utility tokens https://cryptolisting.org/blog/when-will-or-not-its-potential-to-invest-in-a-hashgraph-primarily-based-cryptocurrency have assumed increasing significance. Today, on December 27, 2023, we delve into a comprehensive market analysis to shed light on MEXC’s MX Token, exploring its past performance and potential future trajectory. We emphasize that this analysis is not intended as investment advice but rather aims to provide valuable insights into the MX Token’s dynamics.

We have recently announced that the OCC-BNB pair is available to be traded on PancakeSwap. OccamX is an Automated Market Maker decentralized exchange through which users will be freely able to create pools, provide liquidity, and perform swap of assets without the need of a custody centralized third party. MEXC is a leading centralized cryptocurrency exchange platform, offering a wide range of digital assets and trading services to its global user base.