Capx
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FAQs

What is Capx?

Capx is a suite of products in Decentralized Finance (DeFi) designed to unlock trillions of dollars locked in vesting tokens. Capx is being built with a vision of a world where everyone can access financial services globally with the ideals of permissionless access, security, and immutability.

Why Capx?

While all the other DeFi projects focus on making the 2 Trillion Dollar USD market more liquid, Capx is one of the first projects aiming to make the untapped 1 Trillion Dollar USD market of vesting tokens liquid.

What is vesting?

For sustainable growth of a project, every project vests its tokens which are then released at a specific pre-defined date to the investors once their vesting cycle is complete.

What is a wrapped token?

A wrapped token is a tokenized version of another cryptocurrency. It's pegged to the asset's value it represents and typically can be used to redeem the original token.

What is a wrapped vesting token (WVT)?

A wrapped Vesting Token (WVT) is a wrapped (derivative) token of the original vesting token.

Capx Ecosystem

What is Capx Ecosystem?

Capx ecosystem consists of Capx Liquid, Capx Exchange and Capx Lend. Each product has its utility, benefits, and multiple stakeholders.

Capx Liquid

What is Capx Liquid?

Capx Liquid is a liquid vesting platform enabling the investors and project owners to vest their project tokens and create more liquidity by issuing wrapped assets on the vested tokens.

For whom is Capx Liquid?

Capx Liquid is primarily for project owners. Capx Liquid can lock the project tokens and create a wrapped token to facilitate trading, lending, eventually unlocking the liquidity.

What are the benefits of Capx Liquid for an investor?

With Capx Liquid, the investors get to turn their entire portfolio liquid and create WVTs for their vesting tokens.

What are the benefits of Capx Liquid for a project owner?

With Capx Liquid, the project owners get sustainable growth as the trading of the wrapped assets increases in the secondary market, thereby increasing the floor price of the asset.

What chain would Capx Liquid support?

Capx Liquid is a multi-chain solution. It will be launched on Ethereum, Polygon, Binance Smart Chain, and Avalanche.

Capx Exchange

What is Capx Exchange?

Capx Exchange is essentially a DEX that allows quick and easy cryptocurrency transactions between two interested parties without unnecessary transfer of crypto funds with complete anonymity.

What makes Capx Exchange unique?

Unlike the typical DEXs, Capx Exchange empowers the sale and purchase of these wrapped vesting tokens (WVTs). It allows the wrapped vesting token holders to sell their tokens against a suitable payment asset to facilitate the trade. Since these wrapped vesting tokens are the keys to unlock the original tokens in the future, these tokens' prices should ideally always be lesser than the price of the underlying token.

For whom is Capx Exchange?

Capx Exchange will facilitate the investors and project team owners to sell their positions as wrapped tokens in the secondary market. On the other hand, the individual and institutional investors would be able to buy these positions at discounted rates, therefore getting access to the best deals in the market.

Capx Lend

What is Capx Lend?

Capx Lend platform unlocks liquidity of the Wrapped Vesting Token holders by facilitating over collateralized borrowing for all the tokens vested through Capx by taking in the wrapped vesting tokens as collateral and lending to the borrower.

For whom is Capx Lend?

Capx Lend is for investors, traders, project owners, speculators, etc., anyone who holds WVTs and wishes to leverage its utility.

Governance

What do I need in order to vote?

In order to vote you need to have CAPX tokens.

How do I vote?

  1. 1.
    Select the relevant proposal.
  2. 2.
    Read through the proposal and ensure you have full understanding what is being proposed.
    1. 1.
      If you would like to discuss it, go to the post on the governance forum.
  3. 3.
    Select the vote you would like to cast.
  4. 4.
    Confirm your vote.
  5. 5.
    Congratulations, you have now voted!

How do I change my vote?

You can easily change your vote by following the steps above and casting your desired vote. Your previous vote will automatically be cancelled.

Can I move my CAPX while the vote is in progress?

You can move your tokens as long as the amount you have in the wallet used to vote remains equal or higher than the tokens used to vote. Reducing your token amount to lower than the amount of tokens used for voting would cancel your vote.

Can I add more tokens to my vote?

Yes, voting again will reflect your new amount of tokens.

Security

Is there any risk?

No platform can be considered entirely risk free. The risks related to the Capx platform are the smart contract risk (risk of a bug within the protocol code) and liquidation risk (risk on the collateral liquidation process). Every possible step has been taken to minimise the risk as much as possible-- the protocol code is public and open source and it has been audited. Additionally, there will be Bug Bounty Program. You can find additional risk and security related information in the Platform Risk section.

Support

I'm getting an error that says "SafeERC20: low-level call failed". How do I resolve this?

This most often occurs when submitting a duplicate transaction. If you want to trade $100, you can submit that trade as many times you want until one of those transactions is executed. Afterwards, the rest will show this error because you no longer have that $100 in your wallet.

I'm getting an error that says "ALERT: Transaction Error. Exception thrown in contract code." What does that mean?

  • There may be a bug in the contract that you are interacting with. bring this up with the team of Discord.
  • If you have any questions about using the protocol, it's best to ask in either Discord or Telegram.

I paid gas for a deposit, but it didn't go through, why is that?

You pay gas even if a transaction fails. This can happen if the price of gas increased shortly after the transaction was submitted

I'm having issues with capx.fi

This website is one of many front-ends maintained by separate groups of developers. Consider getting in touch with the capx.fi development team via their website or through social media channels.

I cannot connect to the platform

Make sure to select the correct network (Ethereum Mainnet). Normally on the wallet provider you can switch the network in the settings option.
On Metamask:
  • Make sure to unlock and select Ethereum app.
  • Make sure contract data is allowed on the Ethereum app settings.
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On this page
What is Capx?
Why Capx?
What is vesting?
What is a wrapped token?
What is a wrapped vesting token (WVT)?
Capx Ecosystem
What is Capx Ecosystem?
Capx Liquid
What is Capx Liquid?
For whom is Capx Liquid?
What are the benefits of Capx Liquid for an investor?
What are the benefits of Capx Liquid for a project owner?
What chain would Capx Liquid support?
Capx Exchange
What is Capx Exchange?
What makes Capx Exchange unique?
For whom is Capx Exchange?
Capx Lend
What is Capx Lend?
For whom is Capx Lend?
Governance
What do I need in order to vote?
How do I vote?
How do I change my vote?
Can I move my CAPX while the vote is in progress?
Can I add more tokens to my vote?
Security
Is there any risk?
Support
I'm getting an error that says "SafeERC20: low-level call failed". How do I resolve this?
I'm getting an error that says "ALERT: Transaction Error. Exception thrown in contract code." What does that mean?
I paid gas for a deposit, but it didn't go through, why is that?
I'm having issues with capx.fi
I cannot connect to the platform