# 1.1 Welcome to Grovex Blockchain GRX is a cutting edge EVM compatible blockchain **owned and operated by GRXCHAIN Inc**. It is built for the next generation of decentralised applications and digital assets with a focus on a smooth user experience, very low fees, and high throughput. Fees on GRX are designed to be extremely affordable, averaging about **0.000021 USD per unit of gas**, making GRX one of the most cost efficient networks available. Like Ethereum and BNB Smart Chain, GRX offers a familiar environment for developers while directly addressing scalability and affordability. ### Our vision and mission We are building a trusted easy to use fast and reliable blockchain that is also very inexpensive to use. Our goal is to remove cost and complexity as barriers so innovation can flourish. Beyond technology we are growing a vibrant builder community with priority listings on the GroveX exchange, a dedicated funding program for dApp teams, and strong visibility for quality projects. ### The problems we solve * **High fees elsewhere:** With network fees around **0.000021 USD per gas unit**, GRX enables micro transactions and complex dApp interactions that are uneconomical on many chains. * **Limited support for builders:** We provide a clear path to GroveX listings plus funding and go to market support so teams can focus on building. * **Speed and reliability:** GRX is engineered for high throughput and fast finality so apps feel responsive at scale. ### The GRX advantage #### Ultra low fees Practical costs that unlock new consumer and enterprise use cases. #### Sustainable tokenomics * **Total supply:** 10,000,000 GRX * **Decimals:** 18 * **Name and symbol:** GRX * **Gas fee distribution:** * 20 percent to delegators * 20 percent to validators * 60 percent burned until a **1,000,000 GRX** total burn cap is reached then redirected to rewards\ This design introduces deflationary pressure while rewarding network participants. #### Multi asset pegged tokens GRX supports pegged assets on chain starting with **USDT** and including **BTC, XRP, ETH, and ADA** to improve liquidity, interoperability, and cross chain value flow within the ecosystem. #### Builder first ecosystem Priority listings on GroveX, funding programs, technical enablement, and marketing support give projects the resources they need to launch and grow. ### Quick start checklist * Add GRX Chain to your wallet * RPC `https://rpc.grxchain.io` * Chain ID `1110` * Explorer `https://grxscan.io` * Get GRX for gas or WGRX for ERC twenty flows * Try a simple swap on **grxswap.io** * Visit the docs at [**https://docs.grxchain.io**](https://docs.grxchain.io) ### Official contracts and addresses * WGRX ERC twenty `0x45C7287F897B3A79Cd3f6e4F14B4CE568f023bD5` * Multicall `0x2cd9E100Ca0d883A00eC8Ce635EbD4C17508FE3B` * GRXswap Factory `0xc7316818841f355c5107753A3f3FDEA799BD25f6` * GRXswap Router v2 `0x28fC93b8a20570f2B59d5CA9f8a1dA02C4DBcDF5` * USDT pegged 0x173462F5eb7CA0D1ab6aaea846fEFe85A28029E2 * BTC pegged `0x2F4632ABAd26A1FF9212a76597fb3c3d8539E275` * ETH pegged `0x02D129c8A26839c814925eE0f1D320F63114E1FE` > Always verify on **grxscan.io** before interacting. ### Fees made simple Stating cost per unit of gas can be abstract because gas used varies by action. Include a live example when you publish. * Simple transfer example * Gas used about twenty one thousand units * Network fee equals gas used times the current gas price * At a typical gas price this results in a cost of a few cents or less ### Governance and staking * Staking portal [**https://staking.grxchain.io**](https://staking.grxchain.io) for validators and delegators * Governance portal [**https://proposal.grxchain.io**](https://proposal.grxchain.io) for proposal discussion and on chain votes ### Safety and support * Trust only these domains * `grxchain.io` `grxscan.io` `rpc.grxchain.io` `grovex.io` `grxswap.io` `staking.grxchain.io` * Never share seed phrases or private keys * Security reports and bug bounty * Contact **** * Safe harbor note in SECURITY.md at launch ### Builder resources * One click Add Network script for MetaMask available in the docs * Starter Hardhat config and deployment examples in the docs * Grants and co marketing requests via **** ### Testnet for rehearsals * RPC `https://testnet.grxchain.io` * Chain ID `2507` * Explorer `https://testnet.grxscan.io` * Faucet `https://faucet.grxchain.io` ### Exchange alignment reminder On GroveX all marketing activities and all new project listing fees are payable in **GRX** which creates structural demand and reinforces on chain utility. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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