DGNX is the decentralized governance token of the DegenX ecosystem. It serves as the cryptocurrency token that empowers and rewards all holders within the DegenX ecosystem.

Backed by its base asset, the token possesses an ever-increasing intrinsic baseline value.

By holding DGNX, you gain the right to propose or vote on proposals, lock tokens with the DGNX LockR (the most advanced multichain token Locker on the Blockchain), or stake DGNX or other tokens with the StakeX smart contract.

DGNX is currently deployed on the Avalanche C-chain with a maximum supply of 21,000,000 tokens. In the future, it will be migrated to other blockchains without minting new tokens.