| General information | |
|---|---|
| Global rank: | 3600 |
| Name: |
Proxy |
| Symbol: | PRXY |
| Current coin price (XDR): | 0.005 XDR |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward0.000000 % |
| Last 7 days: | -4.36 %trending_down |
| Capitalisation (XDR): | 0.000000 XDR |
| Volume 24h (XDR): | 86 838.06 XDR |
| Available supply: | 0.000000 PRXY |
| Total coin supply: | -1 PRXY |
| Start date: | 0000-00-00 |
Proxy/Special Drawing Rights (PRXY/XDR) price chart
Proxy/Special Drawing Rights (PRXY/XDR) capitalisation and volume charts
BTC Proxy is a multi-institutional protocol for the decentralized tokenization of Bitcoin on ERC20 and MRC20 formats utilizing the Proxy Relay. This gives Bitcoin holders a decentralized bridge to stake their Bitcoin into custody and transfer that value into an onto Ethereum or Polygon chains without the need for centralized exchanges and systems that exponentially increase the counterparty risk of theft or loss.
The BTCpx token contract is governed by a DAO token called Proxy (PRXY), which is responsible for managing the treasury and deciding on the roadmap of the future.
PRXY can be used for Voting, Bitcoin Farming and Liquidity Mining.