Introduction

What is Ethereum X ?

Ethereum X (ETHX) is an exchange, staking, and yielding token, designed to help users discover the benefits of DeFi. Every time ETHX is transferred, a small fee is taken, which is returned to the holders. This will protect the price and punish weak hands; ETHX has a maximum total supply of only 250,000 ETHX.

With ETHX everybody can deploy, stake, yield, and exchange tokens. With the power of multiple-chains (like Ethereum 2.0, TomoChain, MoonBeam, PolkaDot, and Matic), we bring the gas-fees down and raise up the transaction speed. This to ensure a growing DeFi eco-system from which all ETHX holders will benefit from.

Token Metrics Overview:

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Token Name:	Ethereum X
Token Symbol:	ETHX
Total Supply:	250,000 ETHX
Features:	Fixed Supply (No Minting) (Burning allowed) (Transfer Fee)
Smart-Contract Address:	0x14af5133C9989a7965CDe4fF82d391F96c8F6921

Non-Inflationary Mechanics: – ETHX implements a strong force on each token. As part of the price protection mechanism, ETHX may be burnt; there will never be more than 250k ETHX.

Community Control – ETHX holders will be able to vote on proposals– so long as they have staked liquidity in the pools. The community will decide everything from developer fees, ETH2.0 validator actions, and other changes.

Building on the Ethereum X Ecosystem:

Ethereum X provides a staking, farming and exchange platform for DeFi projects. Ethereum X is the first project to launch the most extended ecosystem on a proven concept. Ethereum X stake opens protocol and community up to more advanced staking, eventually including ETH 2.0 validation and staking.

Farming with ETHX-ETH LP:

Users can deposit ETHX-ETH liquidity pool tokens into the ETHX farming contract. Users will be able to collect ETHX for providing liquidity.

Transaction fee (Weak hand tax):

Weak hands hurt everybody, so good coins must design to mitigate this activity. With ETHX we introduced an extra transaction fee. This serves two protective purposes: Firstly, the cost reduces bots' prevalence and discourages panic sellers who drive the price down by taxing them. Secondly, this fee is distributed to the farmers, rewarding them for holding.

• The maximum fee is 10%.

• Users can earn the fee by staking and yielding.

• 10-50% of the fee will go towards the ETHX price protection fund.

Locked Liquidity (Anti-Rug Mechanisms):

We will be permanently locking liquidity for ETHX. 80% of the team's ETHX holdings will be deposited into the staking contract as rewards.

The ETHX community is also incentivized to lock liquidity in staking. The minimum duration of this lock is 3 months; this provides additional liquidity stability.