💎 $XHP Utility Token
The $XHP token is the native cryptocurrency of the XHYPE platform, designed to provide various functionalities and benefits to its holders.
Last updated
The $XHP token is the native cryptocurrency of the XHYPE platform, designed to provide various functionalities and benefits to its holders.
Last updated
The $XHP token is the utility token of the XHYPE ecosystem, designed to provide access to a range of exclusive services and benefits. This versatile token is central to various functionalities within the XHYPE platform, offering significant value to its holders.
Access to Exclusive Services: $XHP token holders can access premium services within the XHYPE ecosystem. This includes the ability to purchase physical gold through the xGold platform, benefiting from decentralized payments and free delivery across Europe.
Exclusive Discounts: Holders of $XHP can enjoy exclusive discounts on products and services offered by xTraveler and xKode. This makes the token particularly valuable for frequent users of these platforms.
Reloadable Visa Card: $XHP holders can obtain a Visa card that can be reloaded with USDT (Tether), providing a convenient way to spend their digital assets in everyday transactions.
Staking: The XHYPE platform offers staking opportunities for $XHP holders. By staking their tokens, users can earn rewards, thus incentivizing long-term holding and participation in the network.
xPoints Integration: xPoints are loyalty points within the XHYPE ecosystem that are tied to the $XHP token. Users can earn xPoints through various activities, which can then be redeemed for rewards, further enhancing the utility of $XHP.
Burn Mechanism: The $XHP token features linked to use of xPoints. As users redeem their xPoints, all of the $XHP tokens are burned, reducing the total supply and potentially increasing the value of the remaining tokens.
xKode and xTraveler Passports: When users purchase passports for xKode and xTraveler services, the entire amount is utilized to support the $XHP token ecosystem:
If Paid with $XHP: The tokens used are directly burned, reducing the circulating supply and creating upward pressure on the token’s value.
If Paid with Other Currencies: The equivalent amount in $XHP tokens is bought back from the market and then burned. This buyback mechanism ensures constant demand for the token, contributing to its price stability and growth.
