BUSDX is a rewards token that was created on the Binance Smart Chain, with a mechanism that distributes 10% rewards in BUSD to holders automatically. By holding BUSDX, holders will obtain a genuine source of passive income paid out in BUSD (a fiat USD equivalent). BUSDX has also developed a staking DApp and a BUSDX launchpad (Xpad). You will recieve 50% APY in busdx while your tokens are staked, while still receiving your 10% BUSD rewards! This is cutting edge technology for obtaining Pure Passive Income. The virtual BUSDXpay system (Xpay) is currently being developed and will be available to our investors in 2022. BUSDX is also developing an NFT platform (Xnft) where you will be able buy and sell your NFT's with your BUSDX tokens. Xnft will be available 1st qtr of 2022.
BUSD is a regulated, fiat-backed stablecoin pegged to the U.S. dollar. For every unit of BUSD, there is one U.S. dollar held in reserve. In other words, the supply of BUSD is pegged to the U.S. dollar at a 1:1 ratio. Holders can swap their tokens for fiat and vice versa. Paxos, the project’s owner, releases monthly audits of BUSD’s reserves. As a stablecoin, BUSD is designed to maintain a stable market value. It allows investors and traders to hold a low-volatility asset on the blockchain without the need to exit the crypto space.ChartBSCSCANAbout BUSD