Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : Onyxcoin (XCN)
XCN Price : $0.00600 +0.2%
Consensus Mechanism : Proof of Stake
Volume: 13,826,302
Market Cap: 200,063,053
Shariah Judgement
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Shariah Status :
Last Screening: Q2 2024
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Overview
Onyx Protocol is a decentralized platform on Ethereum for peer-to-peer lending of digital assets like NFTs. It uses Onyxcoin (XCN) for governance and utility, ensuring security through staking and audits. XCN holders control the protocol via on-chain voting. Users can access credit without monthly payments, backed by ample collateral. Onyx Protocol aims to address the limitations of traditional lending systems by offering a transparent and efficient solution for borrowers and lenders in the digital asset space.
Whitepaper & Documents
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