0XPROXY FAQ

1. What is $0XP? $0XP is the native token of 0xProxy, a decentralized application built on the Ethereum blockchain that ensures secure and private token transactions.

2. How does $0XP ensure transaction privacy? 0xProxy offers several features such as Private Swaps, Funnels, Stealth Transactions, and Anti-MEV Swaps, all aimed at ensuring privacy, preventing traceability, and guaranteeing fair transaction execution.

3. How can I buy $0XP? $0XP can be purchased on our platform. To do this, you'd need to connect your wallet (e.g., MetaMask), select the amount of $0XP you wish to buy, and confirm the transaction.

4. How do $0XP rewards work? 1% of the transaction tax is set aside for $0XP rewards. These rewards are distributed among $0XP holders, with the amount of rewards received being proportional to the duration and amount of $0XP held.

5. What are the tax fees for $0XP transactions? For every $0XP transaction, a 5% tax is levied. 1% of this tax is used for $0XP rewards, and the remaining 4% is used for funding feature and brand development.

6. What is a Funnel in $0XP? Funnels are a feature in 0xProxy that obfuscates the trail of transactions. Similar to 'mixers' or 'tumblers', funnels jumble up tokens with others before they reach their final destination, making the trail hard to follow.

7. How can I get involved with the $0XP community? You can get involved with our community by joining our social media channels, participating in discussions, and contributing to our platform. We are always excited to welcome new members to the $0XP family.

8. What is Anti-MEV Swaps in $0XP? Anti-MEV Swaps is a feature in 0xProxy aimed at maintaining fairness in transaction execution. In a typical blockchain transaction, miners may manipulate transaction ordering to their benefit, a situation known as Miner Extractable Value (MEV). Our Anti-MEV Swaps feature mitigates this through a process known as Decentralized Order Randomization.

9. Is KYC required to use $0XP? No, 0xProxy values user privacy from the onset, and hence does not require users to go through a detailed KYC process to access and use the platform.

10. How secure is $0XP? As a platform built on the Ethereum blockchain, $0XP benefits from the security features inherent in blockchain technology. Furthermore, our team has implemented additional measures such as stealth transactions and Anti-MEV Swaps to enhance platform security.

Last updated