Abstract

DBXeNFT Mission

DBXeNFT proposes a new class of crypto asset: the Dual-Balance Crypto Vault NFT.

DBXeNFT's mission is to create further utility to $DXN tokens and XeNFTs by proposing a new NFT collection (non fungible tokens) that allows holders to gain trustless daily native coin yield.

The project addresses critical key points related to XENFT trading volume and XEN deflation (through $DXN).

It offers a dynamic and rewarding user experience that facilitates XENFT holders to wrap their XENFT in a newly minted DBXeNFT. DBXeNFT enables it's owner to own a piece of digital art that rewards them with daily trustless Native Coin rewards.

What is the goal of DBXeNFT crypto?

DBXeNFT is a pioneering project tailored to bring a new digital asset in the Crypto Space (the Dual-Balance Crypto Vault NFT). It is constructed in the Xen ecosystem and is indirectly contributing to the deflation of the XEN token.

This innovative NFT DeFi app enables XENFT holders to mint DBXeNFTs.

DBXeNFTs amplifies trading dynamics while at the same time it also generously rewards daily native coin yield to DBXeNFT holders.

Users can effortlessly integrate their wallets on the DBXeNFT interface, view their XeNFTs and employ the wrapping feature. The approximate wrapping cost is transparently displayed on the app in order to reinforce clarity and understanding for all participants.

DBXeNFT also introduces the concept of Power which is a key point on which the proportion of Global Rank tied to each DBXeNFT is built upon. The Power element stands as ground basis that determines rewards and fosters proactive participation within the ecosystem.

The overarching goal of the project is to engineer a balanced and transparent framework, where native coin fees are allocated daily based on user Power.