• Market Cap
    $2,164.002B -3.41%
  • POW Market Cap
    $1,470.972B -7.66%
  • POS Market Cap
    $230.507B 2.57%
  • Masternodes Market Cap
    $6.817B -0.71%

WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals. WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal. The resulting technology reportedly represents a blockchain architecture with 500 millisecond block times, is fee-less for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals

This data was last updated 2021-05-13 10:47:52 UTC

Details

MarketCap
320.867M
MarketCap 24hr Change
-11.92%
MarketCap Rank
200
Total Supply
3770303327
Circulating Supply
1.560B
Volume
36.543M
ATH
2.77
Launched
2017-12-19

Technical Details

Blockchain
N/A
Consensus
Proof of Stake
Staking APR
0.00
Block Time
N/A
Algorithm
Delegated Proof of Stake
$0.20
-13.10%
$320.867M
Marketcap
$36.543M
Volume
3.770B WAXP
Total Supply
1.560B WAXP
Circ. Supply
24H
-13.10%
7D
-24.86%
30D
-20.79%
Last 7D
-24.86%

Official Community