| Fully Diluted Valuation | $2.33M |
|---|---|
| 24H Trading Volume | $15,188 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 293.28M |
| Total Supply | 294.96M |
| Max Supply | 500.00M |
| Categories | DEAD 1 more |
|---|---|
| Founder | Tyler Evans 1 more |
| Name | Pair | OG Score |
|---|
Source Token (SRCX) is the main token of Source Protocol, which runs on Binance Smart Chain. It’s designed to keep the system sustainable and reward users automatically.
Key Features of SRCX
SRCX has unique features like automatic liquidity and rewards. Each transaction burns some tokens, reducing the total supply. This helps keep liquidity high and provides users with regular rewards directly to their wallets.
The Team Behind SRCX
The Source Protocol team includes experts from firms like Black Rock and Fidelity. Their goal is to use SRCX in their upcoming DeFi marketplace, Source One Marketplace, to increase its usefulness and reduce the number of tokens available.
Growth and Adoption
Launched in June, SRCX has quickly gained users and is listed on eight exchanges. The team plans to promote the token more through special rewards and listings on additional exchanges.
How SRCX Works
There are 500 million SRCX tokens in total, with 200 million burned at launch. Transactions have a 10% fee, which is divided into liquidity acquisition, user rewards, and enhancing liquidity pools. This fee will decrease as more people use the token.
Security and Availability
Source Protocol ensures security by burning tokens from the Dev Wallet and locking liquidity. SRCX is available for trading on several exchanges like LBANK and COINSBITS.
Conclusion
Source Token (SRCX) offers a straightforward and rewarding system with its automatic mechanisms and experienced team, making it a notable choice in the DeFi market.
Source Token (SRCX) is unique for its automated liquidity and reward mechanisms, which include a deflationary function that burns tokens with each transaction, ensuring increasing liquidity and automatic rewards for users.
The founders of Source Token (SRCX) are Ben Gunn (CEO), Paul Regalado (EDRD), Walter Mello (CFO), Cory Clinton (CTO), Jack Karger (CSO), and Jesse Darnell (CBDO), with a team experienced in crypto and traditional finance.
Source Token (SRCX) does not list specific backers or investors but is supported by a team with a background from major firms like Black Rock and Fidelity.
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