1.2 About GRX Chain

GRX Chain is GroveX’s proprietary high performance blockchain and the foundation for the next generation of Web3 applications and decentralised finance. Owned and operated by GRXCHAIN Inc in BVI, it is built for both developers and users, with a focus on efficiency, scalability, and sustainable ecosystem growth.

An EVM compatible foundation

GRX Chain is fully compatible with the Ethereum Virtual Machine. Developers can migrate dApps and smart contracts from Ethereum and other EVM networks with minimal changes, using familiar tools and standards. This lowers the barrier to entry and accelerates ecosystem expansion.

Designed for performance and security

  • Consensus: Delegated Proof of Stake for fast finality, strong security, and energy efficiency

  • Throughput: Engineered to achieve more than twenty thousand transactions per second for smooth user experience even under heavy load

  • Security: Built on strong cryptography and best practice engineering to protect against common blockchain vulnerabilities

The GRX token and governance

  • Native gas: GRX is the network’s native currency for ultra low fees

  • Staking: Validators and delegators secure the network and earn rewards via staking.grxchain.io

  • Governance: Token holders will participate in on chain decision making via proposal.grxchain.io

  • Supply discipline: A deflationary burn mechanism is part of the tokenomics design

  • Exchange alignment: On the GroveX exchange, all marketing activities and new project listing fees are payable exclusively in GRX, creating continuous buy pressure and reinforcing on chain utility

The GroveX advantage and ecosystem synergy

Backed and supported by GroveX Pty Ltd in Australia, GRX Chain benefits from strategic guidance, brand reach, and a large user base. GroveX will

  • Monitor the growth and stability of GRX Chain

  • Encourage new projects to build on GRX Chain with dApp funding initiatives and technical enablement

  • Deepen integration between the exchange and the chain to drive adoption and liquidity

Launch timeline

  • Launch window: Q4 2025

  • Public readiness: mainnet endpoints live, explorer available, staking portal open

  • Status labels: in progress for liquidity seeding and wallet integrations

Day one scope

  • Core services: RPC, explorer, staking, GRXswap user interface

  • Canonical assets: WGRX and GroveX pegged pairs for initial liquidity

  • Tooling: EVM compatibility with Remix, Hardhat, Truffle, ethers.js, web3.js

Pre launch checklist

  • Contracts verified on grxscan.io with compiler and constructor details

  • Multisig and timelock active for admin and upgrade roles

  • Public addresses published in Developer Resources

  • Incident and communication runbooks linked from docs

  • Official token lists include WGRX and pegged assets with contract addresses

Post launch commitments

  • Monitoring and alerts live for network health, transaction success, and gas bands

  • Seven day green monitors before marking features complete

  • First governance proposals targeted after the initial stability period

  • Monthly roadmap update and AMA with notes archived in docs

Bug bounty and responsible disclosure

  • Responsible disclosure email [email protected]

  • Safe harbor language in SECURITY.md for good faith research

  • Bounty scope and rewards table to be posted in docs at launch

Updated roadmap and materials

  • Working product target: Q4 2025

  • Coin release schedule: publishing this quarter in docs

  • Whitepaper: publishing in docs when liquidity seeding begins

  • Trust only these domains grxchain.io, grxscan.io, rpc.grxchain.io, grovex.io, grxswap.io, staking.grxchain.io

  • GRX Chain is owned and operated by GRXCHAIN Inc in BVI

  • GroveX exchange is operated by GroveX Pty Ltd in Australia

Always verify official domains and contract addresses on grxscan.io and never share seed phrases or private keys.

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