EXPLORING VNX STABLECOINS
VNX is a European-licensed stablecoin generator behind the EUR & CHF stablecoins and the tokenized gold.
- VNX Euro (VEUR) = 1 EUR
- VNX Swiss Franc (VCHF) = 1 CHF
- VNX Gold (VNXAU) = 1g of gold
These stablecoins are generated with adherence to regulatory compliances and strict standards for security, transparency, and anti–money laundering measures. The company currently holds multiple licenses from the Financial Market Authority (FMA) in Liechtenstein according to the national legislation. It also aims to be in compliance with upcoming EU Markets in Crypto–Assets (MiCA) regulations.
Backed and supported by Woori Technology Investment, who is the largest investor in UpBit, 2be.le, HansaeYes24, as well as Avalanche, Stellar, Ripple, Polygon, Solana, ICP, Arbitrum and Tezos, along with many others, VNX is the well-known stablecoin generator in Europe with licenses to generate two major European currencies. Moreover, apart from being secure and regulatory compliant, these assets are supported by real–world reserves, which have been critical in maintaining the stability and trust in VNX’s stablecoins.
VNX has partnered with Cumberland, the largest crypto trader serving top institutions such as Goldman Sachs and Nomura, to provide market-making services for its stablecoins. VNX is active in both the DeFi space, with over 10 DeFi integrations, and TradFi, having partners like Sygnum, a global digital asset banking group.
INTRODUCING THE VNX COMMUNITY HUB
We believe that a vibrant community is the cornerstone of any successful crypto project. Through active participation, community members contribute to the project’s growth by voting on proposals, developing innovative ideas and solutions, and driving product adoption. To harness the power of dedicated supporters, we established the VNX Community Hub. This platform empowers VNX’s enthusiasts to take the lead in shaping the future of the project and earn incentives for their loyalty and contributions to governance.
While the VNX Commodities generates the CHF & EUR stablecoins, the VNX Community Hub will make its DeFi adoption accessible and rewarding for users. This will be supplemented with the VNX token, the backbone of the VNX ecosystem. Through the VNX token, the community members will have a voice in how these tokens are used to borrow, lend, provide liquidity, offer rewards, and much more.
In summary, VNX Commodities is the licensed stablecoin generator, while the independent and community-driven VNX Community Hub has a voice in how the VNX stablecoin markets should develop.
VNX POINTS CAMPAIGN
The VNX Points Campaign is an exciting program designed to promote the adoption of VNX stablecoins and encourage participation in decentralized finance (DeFi). During this campaign, users utilizing VNX tokens — such as VEUR, VCHF, and VNXAU — in DeFi activities will earn points. These points will later be converted into VNX tokens.
This way the most active users will later have more VNX tokens and more voice in VNX Community Hub Governance, determining the direction of the development of VNX stablecoins in DeFi.
