4.3. Token Economy
Last updated
Last updated
HYX is distributed to the ecosystem through reserve POOL, revitalizes the ecosystem, and then normalizes various services, creating a virtuous cycle structure of 3 WAY-Token Economy.
Users purchase hydrogen-based HYX tokens on the HYX Platform through the Hydrogen Energy Payment System, which will be sold mainly in the Greater China market and the Eurozone market, where hydrogen trading markets are active.
If a user registers a transaction on the HYX Marketplace through the Green Reward received at this time, it will be registered on the linked Carbon Emissions Trading Markets, and once the transaction is completed, the corresponding token can be sold on the CEX exchange.
Through this, users can simultaneously secure value through Green Rewards while increasing the value of HYX tokens.
Clean energy companies entrust hydrogen trading rights to HYX Reserve with HYX issued through the HYX Foundation, and receive HYX TOKEN rewards compared to hydrogen issuance. Since then, rewards have been converting HYX TOKEN to users through the Hydrogen Energy System on the HYX platform and selling his own products. Through this, companies can trade through the platform with lower fees and can transparently obtain and record information and records of the blocks sold.
In particular, a part of the converted HYX TOKEN fees will be retired and subsequently used for hydrogen energy project R&D, which can contribute to technological development along with token deflation.
Profit generated through the interaction of users and clean energy companies will be partially incinerated through the HYX platform, and the commission of transactions generated in HYX on the HYX Marketplace and Carbon Emissions Trading Markets will be transferred to the Profit 3-WAY virtuous cycle structure. Complete the Token Economy structure within the flatform with the incineration of TOKEN.
Fees for HYX deposits, withdrawals, payments, etc. are one of the foundation's core business models, and provide token rewards to data providers and verifiers to ensure the sustainability of the system.
Currently, HYX Project is developing various business models and will pursue partnerships with companies and institutions in various fields.