BITX Network — a network that releases Ethereum Defi platforms. The project pays dividends to BITX token holders in the amount of 10% of the purchase / sale volume. Holders receive their ETH divs proportionally and instantly, relative to the total, circulating BITX supply. Masternode referral links earn you 5% of the total new purchase.
Contents:
Description of the BITX Network project
The Bit-X network has been inspired by past dividend projects. BitFlame will be created as a deflationary betting token. BITF holders receive divs to place bets on the platform.
Whenever a payment is made, 10% of the dividend is paid proportionally and instantly to each holder. This micro dividend helps to provide scalable long-term income stability. Points are an ERC-20 token and you can use them as money.
The rules are as follows:
| 1. |
In order for the token (BITX) to be minted, the base currency (ETH) must be locked at the current price. |
| 2. | When minting BITX, 10% of the blocked currency goes to all participants of the Bit-X exchange in proportion to the number of BITX they own. |
| 3. | At any time, you can redeem and destroy BITX. This returns the base currency at the given price and decreases the next BITX price by the decrement amount. |
| 4. | When BITX is sold, a 10% penalty is apportioned among all other BITX holders. |
This system creates a source of passive income for the BITX holders who receive cash flow from the minting and redemption of the new BITX. Since each new BITX is slightly more expensive than the previous Bitx, long-term members get rewards for the growth of the network. By increasing and decreasing the price, the system always remains secured in terms of the base currency.
Additional information
There is no WhitePaper document on the site, but there is a section with answers to questions. Also, there is the necessary information about the work, a description of the referral program, bonus system and much more on the main page.
From social networks, the community leads:
- telegram channel;
- twitter;
- blog.
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