Overview

Name: illumineX Token

Ticker: IX

Chain: Ethereum

Max supply: 100,000,000 IX

Max circulating supply: ~57,000,000 IX

$IX is the native token for the illumineX Protocol. The IX token has a max supply of 100 million tokens, while only ~57 million can be circulating, and will become deflationary over time due to the buyback & burn mechanism.

Address on Ethereum: 0x45e82579792DDDF08cb3a037086604C262D78065

CoinGecko: https://www.coingecko.com/en/coins/illuminex

CoinMarketCap: https://coinmarketcap.com/currencies/illuminex/

Deflationary Mechanism

In addition to the hard cap set on $IX, we also implemented a buyback & burn mechanism in order to reduce the total supply.

100% of the protocol revenue is going into the buyback-and-burn of the $IX tokens.