HXRO Token

Overview

HXRO is the utility and governance token powering the Hxro Network ecosystem.

To create optimal alignment between Hxro and its participants, a symbiotic relationship must exist between the value Hxro Network creates and the HXRO token. The HXRO token has the following utility:

Staking
Network Value Accrual
On-Chain Governance
Discounted Network Fee Payments
Network Incentives and Rewards

Staking

To create a strong and scalable foundation for the token ecosystem, all HXRO holders who are willing to stake their tokens to the network accrue a share of network transaction value in the form of staking rewards. Read here for a full overview of Hxro Network Staking.

Network Value Accrual

100% of network value accrues back to staked tokens and other participants within the Hxro ecosystem who are providing critical functions.

Staked tokens receive a pro-rata share of 50% of all Hxro Network transaction fees. 25% goes to the network treasury. The remaining 25% of network fees are allocated to HXRO buybacks.

Discounted Network Fee Payments

As a liquidity and infrastructure layer supporting on-chain derivatives trading and betting applications, Hxro collects a network fee for all transactions on Hxro-powered interfaces. Through the network’s Staking Incentives program, HXRO stakers participating in ecosystem dapps can benefit from discounted transaction fees.

Token Information

The HXRO Token originated on the Ethereum blockchain and is currently available as both ERC-20 and on Solana as SPL-wrapped HXRO (via Wormhole Portal).

Ethereum