UXLINK

UXLINK is the native governance token of the UXLINK platform, a Web3 social infrastructure designed to bridge traditional Web2 social networks with the decentralised Web3 ecosystem. It enables users to form two-way, real-time social relationships and access crypto assets through a socialised, group-based approach. UXLINK also incorporates decentralised finance (DeFi) functionalities and a social decentralised exchange (DEX) for trading crypto assets.

UXLINK is used for governance within the UXLINK platform, allowing users to vote on protocol upgrades and community decisions. It facilitates payments for services and transactions within the platform, such as DApp usage and social network interactions. Additionally, UXLINK enables staking for rewards and plays a central role in social mining and group-based financial activities on the platform. The dual-token model includes UXUY points, which serve as rewards for community engagement, complementing the UXLINK governance token.