WAX
WAXP
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
Overall Analysis
WAXP is a well-established DPoS chain optimized for NFTs and digital assets, offering high throughput, near-zero fees, and a mature marketplace ecosystem. Development activity remains disciplined and responsive, underpinned by an experienced and transparent team. Community engagement is solid across Discord, Reddit, and social channels.
Strengths
- Strong dev velocity, CI/testing, and security hygiene (Active Development 8/10)
- Credible leadership and on-chain governance model (Team & Governance 8/10)
- Vibrant NFT/gaming use cases with robust ecosystem support
Risks
- ~5% annual inflation without built-in deflationary mechanisms
- Potential centralization in DPoS voting power
- Exposure to NFT market cycles and competition from L1/L2 alternatives
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About WAX (WAXP)
WAX (WAXP)
WAX (Worldwide Asset eXchange) is a decentralized, energy-efficient blockchain protocol designed for the creation, trading and management of digital assets and NFTs. Powered by a Delegated Proof of Stake (DPoS) consensus, the WAX network enables fast, low-cost transactions and on-chain governance.
Key Features
- Token Name: WAX
- Symbol: WAXP
- Consensus: Delegated Proof of Stake (DPoS)
- Use Cases: NFT minting & trading, digital collectibles, in-game assets, decentralized marketplaces
- Ecosystem: WAX Wallet, staking & governance tools, dApp integrations, cross-chain bridges
Why WAX?
WAX is optimized for digital ownership and peer-to-peer value exchange in Web3 environments. Its modular architecture, backed by the Graphene framework, ensures high throughput and environmentally friendly operations. Active developer support and a vibrant marketplace ecosystem make WAX a leading platform for NFT projects and blockchain games.
Learn more: Visit the official WAX website or explore WAX-powered dApps to discover how WAXP token fuels decentralized digital asset experiences.
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