I am strongly connected to xen ecosystem, I turned half of my "I don't know I have this but I have" crypto into mint new xen, to buy xen on the market, to buy dbxen to burn xen for dbxen, fenix and even turn some btc for VMPX.

So today I will focus more on DXN. One of the first projects that allow for burning xen on all the chains for dbxen, on all chains the same rules.

What problem does DBXen solve? DBXen came to life as a natural reaction to the increasing adoption of XEN Crypto that led to an exacerbated inflation which needs to be balanced. At the same time, it marks a response from the crypto community contributors, who actively look for building new functionalities that add value to the XEN community.   DBXen offers a capped supply of $DXN liquid digital assets that is meant to prove the burn of $XEN tokens. It brings value to the blockchain stakeholders and rewards adopters. $DXN holders secure a passive income in native coin as $DXN token is minted further, until the moment that the entire supply is distributed (~62 years).   The solution to the problem

DBXen protocol aims to create a new capped digital asset to the XEN ecosystem that will contribute to XEN deflation while offering its users new ways to create value.   $DXN miners receive token rewards for burning $XEN which grants them shares from future network fees. Users pay small fees per burn using cryptocurrency. The fees are embedded at the network level. The token distribution algorithm is preprogrammed and cannot be altered or reverted once live, since there are no admin keys. There are no premines, no treasury allocations, no private sales, no dev fees.     What does Fair Launch mean?

The founding team does not have privileged access to the token distribution. The source code of the immutable smart contracts can be found on DBXen GitHub. The token distribution algorithm is preprogrammed and once deployed can never be changed by the founding team (or anyone else). Bitcoin and yEarn are other similar examples of projects that were launched with fair distribution such as DBXen. Monetary units allocation is based on objective, pre-established rules like active protocol usage proving Xen burn. There are no:

•   pre-mines

•   treasury allocations

•   private or public sales

•   protocol developer fees

DBXen protocol is fairly launched as a public good in order to become a community developed system with no central authority that can control, censor, or close it.   Tokenomics

    That Whitepaper convinced me to take a closer look at this project but also, Jack Levin founder of XEN is supporting DBXEN team.     This is mining progress, remember this is all 5,010,000 tokens to miners as Bitcoin does.     DBXen is burning a lot of xen.   The team is building, they are making something good for the community.      

My opinion

  This chart shows 4H candles, from the first day to this day I post, 88 days. Strong accumulation, but tokens are mined in 16% already. Bitcoin in 2013 was 50% mined with a top price of around 260$ was around 10 000 000 coins mined already in 5 years of existence. DbXen has more utilities at this moment than BTC. And also the number of tokens will be 4 times less at the end of the process. 50% dbxen will be reached after a year of distribution after 2 years it will be 75%, so now is the biggest opportunity to accumulate by burning or buying them from the market.     Remember DYOR, #FairCrypto