World of Xchange - Brief Review

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There's actually no doubt that WOX exchange has been one of the top trending project on the Tron blockchain and I also love the fact that the team behind this project are also doing a very great job in terms of the project development, bug fixing and also in terms of adverts or content publication. I was also be to read different contents and publications from different content creators and I must say it's really great seeing users supporting this great project. More thanks to Hive account@xpilar, Hive account@crypto.piotr, Hive account@lupafilotaxia, Hive account@josevas217 and many others for their unrelenting effort as regards to the project.

My content today will be mainly focused on the brief review of WOX and some other basic information related to WOX. I definitely hope you'll find this educative as you read on.

INTRODUCTION

WOX is basically an acronym for the word known as "World of Xchange" while some people may also decide to call it "World of Xpilar" due to the fact that Hive account@xpilar is the founder of WOX. The team behind this great project claimed that WOX (World of Xchange) has been born since last year as seen in the quote below;

World of Exchange is a product that was born a year ago and now we are at a final phase of implementation . There were many ideas we discussed in between and finally decided and started building something that will bring a lot of positive changes to our beloved chains

What is World of Xchange (WOX) ?

I'm quite sure most of us are very familiar with Pancakeswap or Uniswap. I personally prefer buying some tokens built on Binance Smart Chain (BSC) using pancakeswap provided i have some available BNB (Smartchain) in my wallet. The same way you swap coins , stake coins , add liquidity and engage in many other functions on Pancakeswap is also the same process required when using WOX.

World of Xchange (WOX) can simply be defined as a DEX built on Tron blockchain which enables users to engage in seamless cryptocurrency related DEX activities such as swapping, staking, adding liquidity, farming and many others. World of Xchange (WOX) can simply be summarised as a pancakeswap fork on the Tron blockchain.

This implies that users can easily swap their tokens easily conveniently and easily with an affordable gas fee, users are also eligible to stake their tokens and earn depending on the APR or ROI of the staked coins, this is also known as staking condition.

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Another great feature I love about World of Xchange is due to the fact that the Liquidity Pool on WOX can be customized depending on users requirement where yield can be modified as per contract. This is quite different from Sunswap whose most of it's liquidity pools are paired with TRX.

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Also, World of Exchange has a DAO system which enables users to earn sWOX (Staked WOX) tokens just by staking WOX tokens. The DAO is programmed in such a way that the sWOX(Staked WOX) tokens will give you compounding yields every 8 hours.

World of Xchange also give users opportunity to earn WOX tokens through staking by making use of the yield farming features provided on the DEX. Users will also be able to create Yield Farms on World of Xchange including a custom APY.

The last but not the least is that users also have access to make use of World of Xchange Cross Chain Bridge which helps users to convert any coins or crypto deposited on WOX DEX into Wrapped Coins for easy crypto transaction on World of Xchange.

WOX Tokens

WOX token is the native coin or currency of World of Xchange which can be used to perform different operations such as staking, creating liquidity, farming, etc. The WOX tokens was built on the Tron Blockchain and this native coin can also be bought using Sunswap via the below steps ;