Function X supports cross-chains internally (between f(x)Core and other Function X chains) and among other chains (Ethereum, etc). Through decentralized validators we can safely move assets between f(x)Core and different chains. This comes with high transaction speed, low transaction cost, ability to trade assets, and other useful scenarios.
$FX token is the governance token for the Function X project. Users may use $FX to vote, as collateral (soon), to generate synthetic assets (soon) delegate, securing the core network and more.
$FX token is available in Ethereum since 2019 and in Function X since 2021. They are fully interoperable and users can transfer $FX in and out of both blockchains while maintaining a fix total supply and liquidity. More chains are scheduled in Q4 2021 and 2022.
BRIDGING TRADITIONAL & DECENTRALISED MARKET
We are mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system.
PARTICIPATION FROM THE COMMUNITY
f(x) community shall be involved in the decision making process to determine the listing of new assets and trading tools. Core team members and developers around the world will jointly develop and upkeep the network.
INTEGRATING ETHEREUM & MORE TO CREATE VALUE
By integrating various ecosystems (Ethereum and others) we enhance the liquidity and value of original assets on Function X. Rather than building an ecosystem that competes with Ethereum, we aim to leverage on its strength such as providing asset aggregation contracts, connecting to Ethereum smart contracts, and generating interest at the same time in both (and more) chains.
