Capx
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Capx Ecosystem

Overview

Decentralized Finance (DeFi) bridges the gap that exists between traditional finance & modern finance. Real-world assets are digitized, and legal ownership rights are redefined with utility tokens that benefit from high liquidity, radical innovation, and creative composability. There are thousands of projects working towards creating more liquidity for the two trillion dollar crypto industry. However, there are more than a trillion dollars locked in vesting tokens globally.
Capx makes vesting tokens liquid by issuing a wrapped derivative on top of the vesting tokens called Wrapped Vesting Tokens (WVT). Capx Liquid creates more liquidity in the market by creating WVT, and Capx Exchange enables trading of these wrapped vesting tokens. These wrapped vesting tokens can also be put as collateral to borrow against, enabled by Capx Lend.

Architecture

Capx Ecosystem

Key Features

Capx Ecosystem was built with a mindset to create value for every stakeholder in the Defi ecosystem

Benefits to Project teams / founders

Capx Liquid helps in sustained growth for a crypto project. Trading of wrapped vesting tokens in the secondary markets increases the floor price of the project, therefore, preventing investor dumps on unlock dates. Capx allows the founders and teams to unlock liquidity by selling vested project tokens or taking a loan against them.

Benefits to Investors

Capx allows investors to unlock liquidity by facilitating early exits for their investments. Investors can work on a net-zero fund model to get the principal investment amount back by selling a part of their position via Capx Exchange or taking a loan against it via Capx Lend and keeping the upside on top of the principal amount.

Benefits to community / individual

Community members and individuals only get the opportunity to buy crypto assets from exchanges. Capx allows community members to get access to deals that only institutions would generally have access to.

Benefits to Developers

Capx ecosystem provides developers various opportunities to innovate, solve various challenges presented by the blockchain ecosystem. Capx Grant and bug bounty programs incentivize developers to bridge the gaps and loopholes that exist within the ecosystem.

Capx Token

CAPX is the gateway utility token that allows users to participate in the platform's loyalty & rewards program. By holding tokens or purchasing them on the open market or within the platform, individuals are entitled to a discount on the services provided by the platform.
Staking the CAPX token also enables token owners to earn governance rights of various aspects of the protocol and help the protocol become truly decentralised.

Wrapped Vesting Token

Wrapped Vesting Tokens (WVT) are ERC-20 standard tokens which are derivative of vesting tokens. Vesting tokens are the face of a product/protocol. These tokens are vested (locked) in creating community trust and preventing spams and 'rug pulls.'
Vesting tokens gives investors confidence that you will not sell tokens onto your project's market, taking money from them.

Wallet

An address can hold a balance of cryptocurrencies. A wallet controls a set of addresses. Think of an address like a lockbox, and a wallet as a key for many lockboxes. A wallet is accessible by providing a unique, secret 24 word passphrase. If you lose this passphrase, you don't have access to your wallet, and there is no way to recover your assets! Therefore, it's very important to safely store your wallet's secret passphrase securely. At the same time, anyone with your passphrase can access and take all of your assets, so it's vital to make sure nobody else knows your passphrase. It's best practice to not have your passphrase saved on any computer.

MetaMask

Most of the activity on the Capx platform happens on various products (decentralized apps). To interact with them, you can use a browser extension that will connect your wallet with the dapp. Metamask is one such popular wallet extension.
To see your funds in Metamask, or to be able to send funds from the Metamask account to any E0A, you will need to have your funds on the network.

Transactions

You can send tokens from the Metamask. It is important to have in mind that all transactions are final and irreversible. If you make a mistake and send funds to an incorrect address, there is no mechanism that can revert the transaction and return the funds to you. That's why it's critically important to be sure that the address you're sending the tokens to is correct and that you mean to send to an address on Ethereum and not a different network.

Security

As elsewhere in the cryptocurrency space, you need to be keenly aware of the dangers. All transactions are final and irreversible, and if you fall victim to a scam, nobody will be able to retrieve your funds.

Wallet Passphrase

It's crucial to understand that your secret passphrase is your wallet. Whoever has access to the secret 24 word passphrase has complete and full access and control over everything in the wallet. If you give someone your passphrase, you have given them everything in it. Therefore, never give your passphrase to anyone. Do not send it anywhere. Do not type it into websites you found online or that someone sent you a link to. Best practice is to not have your passphrase saved on any computer.
If you're working with non-trivial amounts of tokens (in other words, money you can't comfortably lose), we strongly advise that you use a Ledger hardware wallet to access your funds.

DYOR

That stands for 'Do your own Research'. In other words, don't just blindly trust anything you read online. Check for other sources, ask for second opinions. Be very careful and judicious with accepting news from one source.
Be especially suspicious of people contacting you in private, offering help about issues you posted about publicly. Virtually every time it happens, it's a scammer trying to convince you to expose your passphrase, private keys or otherwise compromise your tokens.
Don't rush into unknown projects that promise outsized returns. Any dapp you deposit your funds into has access to them. Search for the project online and see who maintains it. Check that the contracts are verified and audited. Look out for potential red flags.

Fake tokens

Anyone can create a new token. Also, liquidity pool creation on DEXes is permissionless so anyone can create a new pair with a fake token that has the same name and token image as the real thing. To avoid that kind of scam, always select tokens from the official token lists on the DEXes, don't use links from other places.

Support

We offer several ways of getting support. Here are some:
  • Support Site
  • Twitter Tech Support
  • Discord Server
  • Telegram
Expanding on the DYOR section above: When using any public support channel, be suspicious of anyone contacting you in private via DMs, email or similar. They may pose as admins, moderators or team members. Legitimate accounts will never contact you in DMs first! Real admins and team members will always engage publicly first, and if needed request that you contact them in direct message.
Scammers monitor public channels for people looking for help and then contact them in private offering to help. A scammer might tell you that you need to 'sync your wallet' or something similar and give you a link where you are supposed to enter the wallet passphrase to complete the process. They might offer an app that will solve the problem. In both cases, it's just someone looking to steal your funds.
It bears repeating: do not give anyone your secret 24 word passphrase or your private keys!
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On this page
Index
Capx Ecosystem
Overview
Architecture
Key Features
Capx Token
Wrapped Vesting Token
Wallet
MetaMask
Transactions
Security
Wallet Passphrase
DYOR
Fake tokens
Support