Cryptex may also request from the user personal data not mentioned above or collect data from the sources allowed by law (incl. Any trading symbols displayed are for illustrative purposes only and are not intended to portray recommendations. Supporting documentation for any claims and statistical information will be provided upon request. This is Cryptex DeFi Hybrid Contract.Ĭryptex ®, Cryptex.to ®, Cryptex DeFi, DeFi Hybrid, DeFiMi Contract, Cryptex One World, Cryptex VIP Tradestation are service marks and/or trademarks of Cryptex. Cryptex provides you a fixed investment deposit of $ 43,200.00 USD per contract. In combination with a life insurance which is borrowed, we achieve that you get a high volume for each contract. A masternode pool thus offers maximum diversification (distribution) of the risk. The higher the own capital requirement, the higher the risk share in the crypto market. The more diversified you want to set up your Masternode portfolio, the higher the capital requirements of the individual. In addition to that, you have to have the needed technical equipment and knowledge. Depending on the price of the coin, this amount can be very high to cover as individual. This minimum amount always involves a certain amount of coins in the network. If a masternode does not meet the minimum requirement, it no longer qualifies as a master node and loses its privileges.

For a Dash Masternode, for example, 1000 coins are necessary. An important aspect of a masternode is the minimum amount a node must meet. All contracts on the Cryptex protocol have been audited by Quantstamp.You certainly can if you fulfill the criterias which involves technical knowledge and financial commitment – two of the aspect that only few people are able or want to meet. Protocol delegates are responsible for advising changes to the protocol, such as collateral options or setting liquidity rewards. CTX can be staked to “Crypt Keepers” (protocol delegates), who make decisions on the future of the protocol.

TCAP can be held as an index for all of cryptocurrency, or it can be traded as a representation of the crypto market cap.Ĭryptex Finance is a decentralized protocol that is governed by the CTX token. This offers a higher degree of safety for users of the protocol. TCAP is an overcollateralized asset, meaning users must lock up more collateral than the TCAP is worth. TCAP is a synthetic token, which can be minted with ETH, DAI, or other collateral options. Cryptex uses a decentralized price feed from Chainlink to track the crypto market cap for their TCAP token.

When minted, this token represents the total crypto market cap, and fluctuates as the crypto market does. TCAP is the total crypto market cap token. Products Total Crypto Market Cap token (TCAP) Cryptex is a fair launch protocol with no ICO or VC's and is fully decentralized. Cryptex launched TCAP and CTX governance coincidingly. Cryptex is the first protocol that allows users to trade the entire crypto market cap, via the TCAP token. Cryptex has three cofounders, Preston Van Loon (founder of Prysmatic Labs), Joe Sticco, and Thomas Matzner. Cryptex is fully decentralized and controlled by smart contracts and protocol governance.Ĭryptex launched in April of 2021. Cryptex’s vaults can be used for various strategies within DeFi, such as going long/short on minted tokens. Users are able to post collateral to Cryptex vaults and mint index and/or data tracking tokens. 3.1 Total Crypto Market Cap token (TCAP)Ĭryptex Finance is a synthetic asset technology that makes untradeable data metrics tradeable.

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