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Loxodrome (LOXO)

Loxodrome is a pioneering DePIN-Focused Dex on the IoTeX blockchain, establishing itself as the first native liquidity marketplace focused on Decentralized Physical Infrastructure Networks (DePIN).

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Overview

Project industryExchanges & Wallets
Product typeProtocol
WhitepaperLoxodrome White Paper Open

What is Loxodrome

Loxodrome uniquely implements the ve(3,3) concept, enhancing token-based governance and liquidity in decentralized finance. Primarily, Loxodrome facilitates trading services for native DePIN tokens, significantly contributing to the liquidity and dynamism of the DePIN sector within the blockchain ecosystem. This focus positions Loxodrome at the forefront of merging physical infrastructure with decentralized financial technologies.

DePIN is short for Decentralized Physical Infrastructure Networks (DePIN), it is a novel approach to infrastructure development, leveraging blockchain technology to manage and finance physical assets like telecom networks, energy grids, and transportation systems in a decentralized manner.

The mission of Loxodrome centers around creating a significant impact in the realms of Decentralized Physical Infrastructure Networks (DePIN) and Decentralized Finance (DeFi). Its key objectives include:

  • Integrating DePIN and DeFi
  • Facilitating DePIN Sector Token Trading
  • Community Empowerment
  • Ensuring Security and Accessibility
  • Promoting Financial Inclusivity
  • Driving Innovation

In essence, Loxodrome's mission is to build a bridge between the physical infrastructure and digital finance worlds, creating a synergistic platform that empowers its community, encourages innovation, and makes financial and infrastructural solutions more accessible and secure.

Details

Token supply: 10,000,000 LOXO

Legal

Blockchain Platform: Ethereum
Registration year: 2023

Token info

Ticker: LOXO
Type: Utility-token
Token standard: ERC-20
Token distribution:
10% - initial liquidity
40% - DePIN Protocols
2% - IoTeX Holders
3% - Community Campaign
20% - Traders
10% - veLOXO Holders
15% - LoxoNFT Stakers

Loxodrome Roadmap

1
January 2024
  • Community initiating
  • Airdrop campaign
2
February 2024
  • Presale NFTs minting
3
March 2024
  • Launch on IoTeX mainnet
4
April 2024
  • Integration of Launchpad
5
May 2024
  • Liquidity growth strategy
6
June 2024
  • 100,000,000 trading volume

Social media

Loxodrome web-siteLoxodrome MediumLoxodrome TelegramLoxodrome X (Twitter)Loxodrome Discord

MVP

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