Name: VNX
Brand: VNX
SKU: VNX

Question 1

What is VNX (VNX)?

Accepted Answer

The cryptocurrency VNX is a licensed European stablecoin issuer offering fully transferable tokens referencing major European fiat currencies and precious metals. VNX provides stablecoins such as the VNX Euro (VEUR) and the VNX Swiss Franc (VCHF), as well as a tokenized gold asset (VNXAU). These tokens are regulated by the Liechtenstein Financial Market Authority (FMA) and are designed to integrate traditional finance (TradFi) with decentralized finance (DeFi) ecosystems, facilitating cross-border payments, p2p transfers, and micropayments. VNX also operates a Community Hub platform with a governance token (VNX Token) that allows users to participate in decision-making, access yield opportunities, and earn rewards.

Question 2

What differentiates VNX (VNX) from other tokens?

Accepted Answer

VNX differentiates itself through its focus on regulated European stablecoins fully backed 1:1 by fiat reserves (such as VEUR pegged to the Euro and VCHF pegged to the Swiss Franc) and tokenized gold assets (VNXAU) certified by LBMA. It is licensed under the Liechtenstein Financial Market Authority (FMA) with six licenses, offering transparency and compliance rarely found in stablecoins. VNX tokens are multichain, integrated with over 15 DeFi applications and major institutions like Sygnum Bank, enabling seamless cross-border and cross-platform liquidity. Its unique "fiat referencing tokens" (FRTs) model backs fiat stablecoins by digital gold reserves, enhancing stability and security. VNX also offers a robust Community Hub with a governance token allowing holders to influence platform decisions and participate in yield generation and incentive programs.

Question 3

What is the utility of VNX (VNX)?

Accepted Answer

The utility of VNX lies in its stablecoins and tokenized assets designed to provide secure, regulated European currency alternatives for digital transactions. VNX tokens like VEUR and VCHF facilitate payments, investments, and value preservation by offering stable, fiat-backed digital currencies integrated into both DeFi and TradFi systems. Users can seamlessly transact, deposit, and withdraw through various channels including bank transfers and credit cards. The VNX Community Hub empowers holders of the VNX Token to participate in governance, propose and vote on key decisions, and access yield-generating opportunities such as liquidity pools and vaults. This aligns with VNX's mission to revolutionize cross-border payments, peer-to-peer transfers, and micropayments across blockchain ecosystems.

Question 4

What does the VNX (VNX) whitepaper promise?

Accepted Answer

The VNX whitepapers promise a regulated, transparent, and secure platform for tokenizing real-world assets, specifically European fiat currencies (Euro, Swiss Franc, British Pound) and precious metals (gold). They detail the full backing of stablecoins by fiat reserves securely held in Swiss and Liechtenstein banks, compliance with Liechtenstein's Blockchain Act and oversight by the Financial Market Authority (FMA). The whitepapers explain VNX's fiat referencing token (FRT) model, linking stablecoins to digital gold assets, and its multichain, interoperable design enabling broad DeFi and TradFi integration. Overall, the whitepapers commit to delivering asset-backed, compliant, and liquid tokens that bridge traditional finance with decentralized ecosystems, fostering innovation and adoption in European stablecoins and tokenized commodities.

Question 5

Who created VNX and why?

Accepted Answer

VNX is a licensed European stablecoin platform created by VNX Commodities AG, a company based in Liechtenstein and Luxembourg. Its mission is to provide regulated and fully backed digital tokens referencing European fiat currencies (such as the VNX Euro (VEUR) and VNX Swiss Franc (VCHF)) and gold, thereby bridging traditional finance with decentralized finance. The platform aims to revolutionize cross-border payments, peer-to-peer transfers, and micropayments through a seamless integration with traditional financial institutions and decentralized applications, while ensuring compliance and transparency under the oversight of the Liechtenstein Financial Market Authority (FMA).

Question 6

When was the VNX (VNX) token created?

Accepted Answer

The VNX Token was launched with a fair launch starting from May 14 (year not explicitly specified in the documents). The stablecoins VEUR and VCHF, underlying the VNX ecosystem, are established regulated assets issued by VNX Commodities AG, operating under licenses granted by the Liechtenstein FMA.

Question 7

How do I use the VNX (VNX) token?

Accepted Answer

You can use VNX stablecoins such as VEUR and VCHF to hold or transact in digital forms of Euro and Swiss Franc respectively, providing a stable store of value without the volatility of other cryptocurrencies. They are fully backed by reserves and legally compliant, making them suitable for payments, investments, and cross-border transfers. VNX tokens are integrated with over 15 DeFi applications, enabling yield opportunities like liquidity pools and vaults. Users can buy, sell, transfer globally 24/7, and convert smoothly between fiat and crypto via bank transfers, credit cards, and apps. The VNX token also serves as a governance and utility asset within the decentralized VNX Community Hub, allowing holders to participate in decision-making and earn rewards.

Question 8

Where do I buy the VNX (VNX) token?

Accepted Answer

You can buy the cryptocurrency VNX token and its associated stablecoins such as VNX Euro (VEUR) and VNX Swiss Franc (VCHF) on multiple crypto exchanges including Bitstamp. The VNX tokens and stablecoins are also available on various blockchain platforms including Ethereum, Polygon, Avalanche, Solana, and others. Additionally, you can acquire VNX tokens via the VNX platform, which supports buying, selling, and liquidity provision with options such as wire transfers and crypto payments. This diversity allows easy access to VNX tokens across different networks and platforms, including integration into apps like SwissBorg for seamless fiat-to-crypto and crypto-to-fiat conversions. For more details about buying VNX stablecoins and supported exchanges, you can visit VNX and see listings like Bitstamp.

Question 9

What problem or need does VNX aim to address?

Accepted Answer

The VNX platform addresses the need for regulated, stable, and easily transferable European stablecoins pegged to major fiat currencies such as the Euro and Swiss Franc. It solves problems related to volatility in cryptocurrency markets by providing stablecoins like VEUR and VCHF, which offer a reliable store of value and a means for cross-border payments, peer-to-peer transfers, and micropayments. VNX integrates traditional finance (TradFi) with decentralized finance (DeFi) ecosystems, ensuring regulatory compliance and transparency, which helps users avoid foreign exchange fees and facilitates seamless transactions in familiar European currencies. Moreover, through its Community Hub, it empowers users with governance rights, enabling active participation and loyalty rewards, thereby fostering innovation and expansion within the European stablecoin ecosystem.

Question 10

How was the VNX (VNX) token generated?

Accepted Answer

The VNX tokens, including stablecoins such as VNX Euro (VEUR) and VNX Swiss Franc (VCHF), are generated via a regulated tokenization process by VNX Commodities AG, a company licensed under the Liechtenstein Financial Market Authority (FMA) under the Blockchain Act. New tokens are issued only when a registered customer deposits equivalent value assets, fully backed 1:1 by reserves in corresponding fiat currencies held securely in banks in Switzerland and Liechtenstein. For example, VCHF is a fiat referencing token backed by VNX's digital gold token (VNXAU), itself backed by physical gold held in reserve. This ensures that every token represents a secure, fully-backed digital representation of fiat or precious metal assets, enabling transparent and compliant digital asset generation.

Question 11

What is the governance model for VNX (VNX)?

Accepted Answer

The VNX Token powers a robust community governance model within the VNX Community Hub. Token holders can propose, vote on, and influence key decisions affecting the platform, ensuring decentralized control and active participation in shaping the future of European stablecoins. Active contributors are additionally rewarded with exclusive incentives.

Question 12

What are the long-term goals and vision for VNX?

Accepted Answer

VNX aims to drive the adoption and expansion of regulated European stablecoins like VEUR (Euro) and VCHF (Swiss Franc), fostering a vibrant ecosystem that bridges traditional finance and DeFi. Their vision is to empower users and institutions across Europe with fully compliant, asset-backed digital currencies to revolutionize cross-border payments, peer-to-peer transfers, and micropayments, while maintaining transparency and regulatory oversight through integration with traditional banks and multi-blockchain support.

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VNX Price

Top up and invest in seconds!

Market Stats

What is VNX (VNX)?

What differentiates VNX (VNX) from other tokens?

What is the utility of VNX (VNX)?

What does the VNX (VNX) whitepaper promise?

Who created VNX and why?

When was the VNX (VNX) token created?

How do I use the VNX (VNX) token?

Where do I buy the VNX (VNX) token?

What problem or need does VNX aim to address?

How was the VNX (VNX) token generated?

What is the governance model for VNX (VNX)?

What are the long-term goals and vision for VNX?

SwissBorg Indicators

Technical Analysis

Exclusive tools

Automate your investment today!

Receive notifications when VNX reaches certain prices

Begin your Borger Journey today with the SwissBorg app!

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