This Week in Crypto
September 15, 2023
Special Edition: MXC Moves to AXS!
We’re thrilled to announce the official launch of the AXS App, marking a monumental step towards a fully-fledged MXC DAO. This decentralized wallet and token management app is now in your hands, the blockchain community!
MXC has been transitioning all operations from the DataDash App to AXS App, available now, and token allocation from today, September 15th. Don’t miss out on this exciting move towards decentralization, download the AXS app now!
So, why this revolutionary shift, you ask? It’s all about increasing transaction speed, boosting token utility, data tracking, reducing GAS fees, and expanding third-party data network integration. We’re making mining more diverse and exciting than ever!
But what’s in it for you? Here are some highlights:
GAS FEES: On the AXS App, all GAS fees will be in MXC, simplifying your transactions.
DECENTRALIZED WALLET: We’ve listened to your feedback. The AXS App is 100% decentralized, giving you complete control over your tokens and crypto assets.
HEX-METAVERSE: The HEX-Metaverse on AXS demonstrates our data infrastructure, with a focus on ownership and data coverage. Dive into the future of data!
MASS TOKEN ADOPTION: We’re opening up AXS to third-party tokens, enhancing decentralization in mining. Now you have more options to mine, swap, and trade the tokens you want.
This MXC DAO has evolved into a self-governance platform, where you control your mining, your token, and your future!
Mining v2: On-Chain Algorithm
MXC is introducing a brand-new Mining v2 algorithm, with xMXC as the fuel token for miners. This exciting change brings flexibility and sustainability to the network.
Following the successful passage of the latest DAO proposal, which called for improved mining practices, our dedicated team has worked tirelessly to develop a concrete mining model that aligns with the DAO’s vision. We’ve also been attentive to community feedback and concerns to ensure this new model is sustainable and mutually beneficial for all stakeholders.
The Power of xMXC: Your Fuel for Mining
One of the cornerstone innovations of Mining v2 is the introduction of xMXC, a derivative of MXC tailored for zkEVM. xMXC serves as the designated “fuel token” for miners, offering a significant improvement in the mining process. With xMXC, miners gain more control and flexibility over their operations, decoupling their actions from the native MXC token’s price fluctuations.
Community-Driven Evolution
The transition to Mining v2 was made possible through an extensive and passionate debate within our community, exemplifying the power of decentralized governance. We’re immensely grateful for our community’s active involvement in making MXC a truly DAO-governed and evolutionary project.
So, get ready for a brighter, decentralized future with MXC. The future is in your hands!
