X2

X2

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Buying Guide X2 (X2) Token. Project explained, quote and benefits

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X2 is the GRIMEX complement in the SpaceGrime financial ecosystem. X2 is a deflationary token optimized as a store of value with a total supply of just 21,000, making it 1,000 times scarcer than Bitcoin. X2 was created by the team at SpaceGrime to serve as a long-term store of value, the future as a complement to the GRIMEX interplanetary currency. Unlike GRIMEX, which has a very high supply and very low transaction fees, X2 is optimized to become extremely scarce over time and increase in value more than any other coin. It has very low hyperdeflationary supply characteristics that far exceed that of any other token. X2 will have a mechanism in place that charges sellers a high commission and requires a very high slippage setting. This commission will be 20%, of which 10% is "burned" in the locked box and 10% is redistributed to the other portfolios that have X in proportion to their holdings. The slippage setting must be 25% for a transaction to be successful. In the future, like GRIMEX, X will also be able to migrate and be interoperable with other Tier 1 blockchains for redundancy; X2 shouldn't live with the shortcomings of any particular chain. X will initially be available for purchase on PancakeSwap paired with BNB and priced at 1 BNB. Half of the X2 supply will be awarded to GRIMEX holders who meet the following requirements: buy between May 10 and 17 and not sell for a week and fill out the form that was distributed (which is now closed). However, as was the case with the first part of this airdrop, it was clear that a lot of people were selling at the same time, so we decided to continue the rest of the airdrop sporadically for a vague indefinite period and let the headlines find their own X's. they were dropped from the plane without any announcement from the team. The idea is that this will reduce short-term selling pressure. X2 is not designed to be purchased or traded. It's the equivalent of a big diamond: you can keep it forever, and if you need money to spend, you can use it as collateral for a loan. X will be able to guarantee GRIMEX loans in another smart contract. There will be a GRIMEX treasury pool where GRIMEX holders will be able to lend their GRIMEX to other loan holders who wish to use their X2 as collateral. The collateral ratio will be around 200 to avoid volatility problems. The interests will be within the terms established and agreed by both parties, however limits will be imposed not to exceed 10% in April and will be automatically adjusted to the most competitive rate in the SpaceGrime market.