🪙 Certix Token

The Certix Token: Central Pillar of Our Ecosystem.

The Certix token is the heart of our platform, crafted to strengthen our community and propel our vision.

Let's explore its diverse role within our ecosystem:

1. Governance and Decision Making: The Certix token is a governance token, giving its holders the power to influence the platform's future. They can use a decentralized voting system to suggest, debate, and decide on platform updates or new features.

2. User Tiers and Access: The number of Certix tokens a user has determines their tier level on the platform. The more Certix tokens users hold, the higher their tier, unlocking access to exclusive features, improved rates, and advanced functionalities. This system rewards our most committed users for their dedication to the platform. (more info here).

3. Staking and Rewards: Staking is a core feature of the Certix token. By locking up a portion of their tokens, users can earn rewards. However, instead of increasing the Certix token supply with rewards, we've chosen to reward stakers with XAUT. This not only provides a stable and valuable reward but also ensures that the Certix token does not suffer from inflation, preserving its value over time (more info here).

4. Deflationary Mechanism: To boost the value of the Certix token, we burn a portion of tokens with each transaction (the rate depends on the user's tier). This method reduces the token supply over time. Linking the burn rate to user levels motivates user to keep their Certix tokens, since being at a higher level means lower burn rates (more info here).

The Certix token is the foundation of our platform, deeply integrated into every aspect and choice we make. It reflects our dedication to development led by our community, maintaining value, and constant innovation.