VNXPrice

(VNX)

VNX bridges traditional finance and the digital asset economy by providing a regulated platform for Real-World Assets (RWA). It enables users to trade and manage stablecoins pegged to fiat currencies like the Euro and Swiss Franc, as well as gold-backed tokens. By integrating these assets into the Web3 space, VNX provides reliable, regulated liquidity and investment options for both retail and institutional users within the decentralized finance ecosystem.

The native VNX token serves as the utility and governance token for the VNX Community Hub. Holders can participate in decision-making processes, access loyalty rewards, and utilize yield-generating opportunities like liquidity pools. In contrast, tokens like VNXAU, VEUR, and VCHF are asset-backed Real-World Assets (RWAs). VNXAU represents one gram of physical gold, while VEUR and VCHF are stablecoins pegged to the Euro and Swiss Franc, respectively. While the utility token powers the ecosystem's governance, the RWA tokens provide direct exposure to physical or fiat assets.

VNX operates under strict regulatory standards as a registered entity with the Financial Market Authority (FMA) of Liechtenstein under the Blockchain Act (TVTG). All asset-backed tokens are 100% reserved. The physical gold underlying VNXAU is LBMA-certified, stored in high-security vaults in Liechtenstein, and fully insured against loss or damage. Fiat reserves are held in reputable Swiss and Liechtenstein bank accounts. Transparency is maintained through regular third-party audits of these reserves, which are made publicly available to the community.

Yes, one of the key features of the VNX ecosystem is the ability to request physical delivery of the underlying asset. Holders of VNXAU can redeem their tokens for physical gold bars through the VNX platform. Alternatively, users have the option to sell their gold-backed tokens back for fiat currency or other digital assets. This mechanism ensures that the digital token maintains a tangible link to its real-world counterpart, providing a level of trust and utility beyond simple digital speculation.

VNX is designed as a multichain ecosystem to ensure broad accessibility and interoperability across the Web3 landscape. Its tokens, including both the native utility token and the asset-backed RWAs like VNXAU and VEUR, are available on several major blockchain networks. Supported chains currently include Ethereum, Polygon, Solana, Celo, and Base. This multichain approach allows users to choose their preferred network based on factors like transaction speed, fees, and integration with specific decentralized finance protocols.

Users can acquire VNX tokens and asset-backed assets like VNXAU or VEUR through several channels. For trading and liquidity, the tokens are available on leading exchanges such as LBank. For direct minting and redemption of asset-backed tokens, users can utilize the official VNX Platform. Additionally, the native VNX utility token can be found on decentralized exchanges like Meteora on the Solana network, allowing for decentralized participation in the project's governance and community incentives.