Stronghold Token (SHX) is a digital currency on the Stellar and Ethereum networks, designed for fast, secure, and accessible financial services within the Stronghold ecosystem. More
| Fully Diluted Valuation | N/A |
|---|---|
| 24H Trading Volume | $990,982 |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 5.37 B |
| Total Supply | 0.00 |
| Max Supply | 100.00 B |
| Categories | Ethereum Ecosystem 2 more |
|---|---|
| Founder | Tammy Camp 1 more |
| Website | stronghold.co |
| Socials | 5 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Ethplorer 3 more |
| Contracts | 0xee7....47084 1 more |
| Name | Pair | OG Score |
|---|
In the landscape of digital currencies, Stronghold Token (SHX) has positioned itself as a player, contributing to the financial services sector with a focus on speed, security, and accessibility. Here, we delve into the key aspects of SHX, outlining its features and functionality within the Stronghold ecosystem.
1. Efficient Transaction Processing:
Operated on the Stellar network, SHX utilizes the Stellar Consensus Protocol (SCP) and Proof-of-Agreement (PoA) to ensure swift and energy-efficient transactions. This commitment to efficiency aligns with Stronghold's goal of providing seamless financial services.
2. Real-Time Settlement and Business Discounts:
Within the Stronghold ecosystem, SHX facilitates real-time settlement, offering users a fast and efficient means of transferring value. Business customers are incentivized with exclusive fee discounts when utilizing SHX, contributing to its adoption among enterprises.
3. Rewards Program and Merchant Financing:
SHX plays a pivotal role in the Stronghold Rewards Program, where merchants and customers earn SHX based on transaction volume. Additionally, it contributes to Stronghold's Merchant Financing lending protocol, providing liquidity for decentralized finance and supporting merchants in their financial activities.
4. Cross-Ledger Value Transfers:
Designed for versatility, SHX is available on both Stellar and Ethereum networks, allowing seamless cross-ledger value transfers. This flexibility enhances the token's utility, enabling users to engage with the Stronghold ecosystem across multiple platforms.
5. Governance and Limited Supply:
SHX holders actively participate in Stronghold's governance, exercising voting rights on network features and implementations based on their token holdings. The commitment to decentralization empowers the community to shape the Stronghold ecosystem. Notably, the maximum supply of SHX is capped at 100,000,000,000, with no plans for future increases, ensuring a stable token economy.
6. Inception and Integration:
Launched at the end of 2018, SHX was distributed to Stronghold's early user base, constituting approximately 5% of the total supply. Unlike many tokens, SHX did not undergo public sale events, indicating its organic growth within the Stronghold community. Since its inception, SHX has integrated seamlessly into the Stronghold ecosystem, becoming a fundamental component in the network's evolution.
In summary, Stronghold Token (SHX) demonstrates a commitment to efficiency and functionality within the Stronghold ecosystem. As it continues to be an integral part of the digital currency landscape, SHX provides users with a reliable and structured approach to financial transactions and services.
SHX holders actively participate in Stronghold's governance by exercising voting rights on network features and implementations, ensuring a decentralized and community-driven evolution of the Stronghold ecosystem.
Stronghold Token (SHX) distinguishes itself with efficient, energy-friendly transactions on the Stellar network, offering real-time settlement and exclusive business discounts, contributing to the seamless adoption of decentralized finance.
Founders of Stronghold are Tammy Camp and Sean Bennett.
Hack VC, Precursor Ventures, Array Ventures, Cantos are some of investors of Stronghold. it is recommended to check official announcements or reach out to the company directly.
