Market Cap: $2.56T 4.56% 24h Vol: $186.00B 44.19% BTC Dom: 56.02% 0.18%
Proxy (PRXY)

Proxy (PRXY)

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Coin Information

Blockchain: Ethereum
Ticker: PRXY
Type: Token
Contract:
Decimals: 18

Price Statistics

Market Cap

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Fully Diluted Valuation

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Coin Supply

Circ.: 492 936(1%)
Total: 34 520 907
Max: 34 520 907

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About Proxy

Proxy (PRXY) is a coin part of the Bitcoin DeFi ecosystem. It offers a unique opportunity to bridge Bitcoin to Ethereum, Polygon, and Binance Chain. The coin is backed by Bitcoin in the custody of leading BTC custodians, making it 100% asset-backed.

The Proxy protocol enables users to unlock the value of their Bitcoin by following a simple four-step process. First, users mint BTCpx, the tokenized version of Bitcoin. Then, they can purchase a bond using BTCpx to buy PRXY at a discounted rate. Next, they stake their PRXY tokens in the farming contract to receive fPRXY tokens. Finally, holders of fPRXY tokens receive a yield of BTCpx that can be redeemed for Bitcoin.

Proxy is built on Ethereum and Polygon, providing users with a balance of cost, speed, and security. The protocol operates within the decentralized finance ecosystem, offering innovative features and partnerships. While already offering significant utility, the Proxy team continues to work on innovations and partnerships, making it an exciting coin to watch.

Frequently Asked Questions

The circulating supply of Proxy is 492936.
The total supply of Proxy is 34520907.
The max supply of Proxy is 34520907.
Proxy is based in: British Virgin Islands.
Proxy is a token running on the Ethereum blockchain.
The contract address of Proxy is 0x22acaee85ddb83a3a33b7f0928a0e2c3bfdb6a4f.

Github Statistics (Development)

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