XYXYX

Overview

XYXYX are 128* ERC-404 tokens generated and stored fully on-chain.

• Architecture

• Tokenomics

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Utility

XYXYX is the native token of the Xyxyx Protocol, incorporating two core utilities.

Xyxyx Issuer Nodes (XINs)

XYXYX incorporates Xyxyx Issuer Nodes (XINs), enabling tokenholders to be the only entities allowed to execute deployments on the Xyxyx Launchpad.

Governance

XYXYX tokenholders manage the Xyxyx Protocol via Xyxyx DAO.

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Key Features

ERC-20-and-ERC-721-Compliant

Built upon the ERC-404, XYXYX comprises features of both ERC-20 and ERC-721 standards.

Fractional

XYXYX has 18 decimals, meaning that the token can be subdivided into fractions of up to 0.000000000000000001 XYXYX.

Fully On-Chain

XYXYX is executed and stored entirely on blockchain rails. Every 1 full XYXYX is embodied through a Base64-encoded SVG output that is embedded in the token metadata and stored on the blockchain.

Built-In Hash Function

The XYXYX smart contract introduces a built-in token-ID-based hash function called XYHASH, which cryptographically ensures the visual uniqueness of each token.

Non-Upgradable

The XYXYX smart contract is fully immutable and non-upgradable. This gives participants confidence that XYXYX will forever operate according to the rules established in the smart contract.

XYXYX smart contract ownership was renounced. See the transaction