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ToxicDeer Share (XDSHARE) is a decentralized stablecoin that operates on the Toxic Deer Finance protocol. It is designed to expand and contract its supply as banks trade fiscal debt to stabilize purchasing power. Unlike other stablecoins, XDSHARE does not rely on rebases or collateral risk. The protocol offers various features such as Game Banks, Vaults, NFTs, Boardroom, NFT Stake, Bridge, and Community interactions.
The ToxicDeer Share ecosystem also includes Toxic NFTs, which feature a unique and engaging #Deer theme. These NFTs serve various purposes within the protocol and can be collected or used for future endeavors. The platform aims to provide users with an opportunity to try their luck and potentially make a profit with these enticing Toxic NFTs.
With a total supply of 100,000 XDSHARE tokens, ToxicDeer Share allows holders to engage in transactions with a tax fee structure. Buying XDSHARE incurs a 0% tax fee, while selling involves a 15% tax fee. The protocol has a dedicated roadmap for development and continually aims to enhance the Toxic Deer experience for its community of users.
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