What Is ChangeX (CHANGE)?
ChangeX is a multi-chain non-custodial hybrid DeFi/CeFi application with a focus on PoS assets, designing a unique leveraged staking product that would allow up to 2x APR on existing assets and a Visa card to spend staking income without interrupting staking as well as all other crypto assets.
Coin Basic | Information |
---|---|
Coin Name | ChangeX |
Short Name | APCH |
Max Supply | 425,000,000 |
Total Supply | 425,000,000 |
Source Code | Click Here To View Source Code |
Explorers | Click Here To View Explorers |
Twitter Page | Click Here To Visit Twitter Group |
Whitepaper | Click Here To View |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Universal Crypto Visa Card
The ChangeX Visa will allow instant access to HYDRA and other assets without interrupting staking on your interest-bearing assets. Access your funds, while they work for you in the DeFi ecosystem.
Fiat-to-Crypto and back
ChangeX’s cross-chain bridges will bring a plethora of cryptocurrencies, otherwise widely unavailable, at your fingertips. By combining the existing liquidity in the DeFi and CeFi worlds, this simple experience would allow even the most inexperienced users to enter the world of crypto.
Personal IBANS for SEPA Banking
By obtaining an Electronic Money Institution (EMI) license for EUR banking capability, ChangeX will allow you to control all of your assets – both fiat and crypto – in a single interface.
Additional Product Features
Flexible Staking Pools
One-click access to staking HYDRA and other PoS assets.
DeFi Wallet
You are in control of your private keys and seed phrase
Crypto-to-Crypto Trading
On all pairs in the app
NFT Wallet
Securely hold and transfer your purchased NFTs with the click of a button.
Stablecoin Lending Market
Lend for an attractive APR and power the Leveraged Staking economy
“Earn” Product
Enabels fixed APR for stablecoins.
Composable DeFi Economics
DeFi Composability enables economic systems to interact with each other and create synergies in order to improve outcome probability. ChangeX aims to offer a mobile-friendly app interface that will tap into this opportunity. Non tech-savvy individuals will be able to take advantage of non-custodial industry-leading products such as cross-chain bridges, staking, lending, DAOs, and collateralized staking in Lego-like combinations that aim to provide lower risk with higher reward.
If blockchain’s complex and interoperable ecosystem is the backend, then ChangeX is the front-end, the keys to unlock everything, make sense of it, and make it accessible. DeFi, crypto, banking – true composability is only possible when everything is included into one package. At ChangeX, that’s exactly what they want to achieve.
Platform
The ChangeX platform strives to streamline the entire crypto experience by merging CEX and DEX tools with in-app functionality like staking and lending, while allowing you to spend your digital assets with a ChangeX Crypto Debit Card.. Trade, store, and earn against your crypto – ChangeX has you covered.
- You are in complete control of your assets. Your keys, your coins.
- Forget about switching between DEXs – swap tokens in-app at the best rates.
- Earn high APR on PoS Assets and track your earnings.
- Among the first leveraged staking products without ever leaving the app – up to 2x on base APR.
- Store all your ERC 721 and ERC 1155 standard NFTs inside the ChangeX app.
- Crypto in real life – use the ChangeX debit card to pay with your digital assets.
- Multiple payment methods supported in the app for the easiest access to your crypto.
- No more need to leave the app – your bank account is here and it blends right in.
The CHANGE token
CHANGE is the governance token of the ChangeX app. It is a deflationary HRC20 token (HydraChain), which offers high APR to holders by acting as a bridge to the staked inflationary assets in the app, where rewards will be paid out in CHANGE.
30% of all crypto-crypto and fiat-crypto trading fees in the app will be used to power a burn mechanism to reduce total supply, thus driving the price upwards.
CHANGE will also provide governance rights to holders, allowing them to vote on new additions to the ecosystem.
Token Sale
$CHANGE ICO’s tokensale phase closed on June 1 with 1.8x oversubscription. We are currently in the commitment phase, where users have until July 1 to pay for the rest of the CHANGE they subscribed for. Below is a breakdown of the token allocation. There will be an invite-only private placement with Tier 1 institutional investors, who could contribute to the project’s adoption.
The oversubscription level for CHANGE is 1.8x, which means that a quota reduction mechanism comes into effect, reducing the amount of tokens everyone receives. This provides a fair allocation for CHANGE and a more stable aftermarket foundation for the project by effectively dispersing the tokens to a larger investor base, among other benefits, such as reduced circulating supply.
Road Map
This is a highly tentative roadmap that shows how the ChangeX vision will unfold
Q4 2021– R&D
- Research for Leveraged Staking & DeFi Products
- MVP – Non-custodial wallet with a few supported cryptocurrencies, incl. HYDRA
- Prototyping Composable Earn Products
Q1 2022 – Legal Setup
- Establish Legal entity
- Secure Seed Investment from HYDRA & LockTrip
- Team Structuring
- HYDRA SDKs for Swift, Kotlin and Go
FEB 28 2022
Subscription Start With 3% Deposit.
MARCH 28 2022
100% Subscription reached.
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