2.2 Core Offering

GRX Chain provides a robust suite of core offerings designed to empower developers and users alike, driving innovation within a high-performance, secure, and cost-efficient ecosystem:

  • EVM-Compatible Development Environment:

    • Full compatibility with the Ethereum Virtual Machine (EVM) allows developers to seamlessly deploy and migrate existing smart contracts and dApps written in Solidity.

    • Access to familiar development tools, frameworks, and a rich ecosystem accelerates development cycles.

  • Unrivaled Performance & Cost-Efficiency:

    • Powered by a Delegated Proof-of-Stake (DPoS) consensus mechanism, ensuring superior transaction speed, network security, and energy efficiency.

    • Capable of achieving over 20,000 transactions per second (TPS), providing exceptional scalability for even the most demanding applications.

    • It features ultra-low transaction fees, dramatically reduces operational costs for developers, and makes frequent user interactions economically viable.

  • Native GRX Token Utility & Decentralised Governance:

    • The GRX token is the native gas-fee asset, facilitating all network transactions with minimal cost.

    • An integrated burn mechanism manages token supply and enhances long-term value.

    • Enables network staking for validators and delegators (accessible via staking.grxchain.io), allowing participants to secure the network and earn rewards.

    • Empowers active participation in on-chain governance decisions (via proposal.grxchain.io), fostering community-driven evolution of the chain.

    • Exclusive Exchange Benefits: All marketing activities and listing fees for new projects on the GroveX exchange are payable exclusively in GRX tokens, creating continuous buy pressure and enhancing token utility.

  • Robust Ecosystem Growth & Core Products:

    • Designed as the foundational layer for GroveX's advanced services, including integrated DeFi, NFT projects, and innovative dApps.

    • Native Decentralised Exchange (GRXswap): We are developing our oigh-performance decentralised exchange, GRXswap (GRXSWAP.io), which will serve as the primary liquidity hub for GRX Chain assets, enabling seamless, decentralised trading directly on the network.

    • GroveX Pegged Coins: Launching a suite of GroveX-branded pegged coins (e.g., GUSD, GAUD, GETH, GBTC, etc.) that will enhance liquidity and provide stable, reliable trading pairs within the GRX Chain ecosystem, particularly on GRXswap, bridging value from other chains and traditional currencies onto GRX Chain.

    • Benefits from direct backing and strategic guidance from GroveX, leveraging its established brand, extensive user base, and marketing capabilities for unparalleled exposure.

    • Dedicated dApp funding initiatives and advanced technical provision are available to encourage and support new projects building on the GRX Chain.

Last updated