xMARK (XMARK) is the native token of Benchmark Protocol, a project focused on creating a decentralized, supply-elastic stablecoin. According to the Benchmark Protocol, the xMARK token plays a crucial role in the protocol's functionality, governing the supply adjustments of the stablecoin and incentivizing participation in the ecosystem. Benchmark Protocol aims to address the challenges associated with traditional stablecoins by utilizing a supply-elastic mechanism that automatically adjusts the supply of the stablecoin based on market conditions. The protocol aims to maintain price stability through this dynamic supply adjustment mechanism, ensuring that the stablecoin remains pegged to its target value. The xMARK token is used to govern these supply adjustments, allowing token holders to participate in the decision-making process. In addition to governance, xMARK may also be used for staking and other incentive programs within the Benchmark Protocol ecosystem. By staking xMARK, users can earn rewards and contribute to the overall stability and security of the protocol. Benchmark Protocol aims to provide a transparent and decentralized alternative to traditional stablecoins, offering users a more reliable and censorship-resistant medium of exchange. The project emphasizes the importance of community governance and aims to empower xMARK holders to shape the future of the protocol. As with any DeFi project, potential users should carefully review the protocol's documentation and understand the risks involved before participating. Smart contract vulnerabilities, market volatility, and regulatory uncertainties are all factors that should be considered. Benchmark Protocol aims to mitigate these risks through rigorous security audits and ongoing development efforts. The long-term success of xMARK and Benchmark Protocol will likely depend on its ability to maintain price stability, attract a strong user base, and adapt to the evolving landscape of the DeFi market. The protocol's emphasis on community governance and transparency may help to foster trust and confidence among users. The project continues to develop new features and functionalities to enhance the utility of xMARK and expand the Benchmark Protocol ecosystem.
xMARK [XMARK] is a token based on Ethereum, BNB blockchain. The most actual price for one xMARK [XMARK] is $0.004686. xMARK is listed on 3 exchanges with a sum of 4 active markets. The 24h volume of [XMARK] is $1.026096, while the xMARK market cap is $0 which ranks it as #12277 of all cryptocurrencies. You can find more information about xMARK [XMARK] on benchmarkprotocol.finance
# | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
---|---|---|---|---|---|---|---|---|
1 | ![]() C | $0.408510 | $0.007437 | 39.810000% | Spot | Percentage | 2 minutes ago | |
2 | ![]() C | $0.312640 | $0.002847 | 30.470000% | Spot | Percentage | 2 minutes ago | |
3 | ![]() C | $0.304946 | $0.002884 | 29.720000% | Spot | Percentage | 2 minutes ago | |
4 | ![]() C | $0.003276 | $0.007388 | 0.320000% | Spot | Percentage | 1 day ago |
#126
21.06%
#77
-13.57%
no rank
no data
#6897
-10.36%
(4 hours ago), 2 min read
(1 day ago), 1 min read
(1 day ago), 1 min read
Hardware wallet | Yes |
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Website | benchmarkprotocol.finance |
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Wallet | Coins Mobile App |
Source code | github.com |
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Asset type | Token |
Contract Address |
Explorers (2) | etherscan.io bscscan.com |
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Tags |
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reddit.com |
How to buy xMARK? How can I buy the xMARK coin? xMARK stock how to buy? How to get xMARK?
To find out where you can buy currency xMARK see the list of available exchanges.
Where to trade xMARK?
Click here to see the list of available exchanges for xMARK.
xMARK (XMARK) is the native token of Benchmark Protocol, a project focused on creating a decentralized, supply-elastic stablecoin. According to the Benchmark Protocol, the xMARK token plays a crucial role in the protocol's functionality, governing the supply adjustments of the stablecoin and incentivizing participation in the ecosystem. Benchmark Protocol aims to address the challenges associated with traditional stablecoins by utilizing a supply-elastic mechanism that automatically adjusts the supply of the stablecoin based on market conditions. The protocol aims to maintain price stability through this dynamic supply adjustment mechanism, ensuring that the stablecoin remains pegged to its target value. The xMARK token is used to govern these supply adjustments, allowing token holders to participate in the decision-making process. In addition to governance, xMARK may also be used for staking and other incentive programs within the Benchmark Protocol ecosystem. By staking xMARK, users can earn rewards and contribute to the overall stability and security of the protocol. Benchmark Protocol aims to provide a transparent and decentralized alternative to traditional stablecoins, offering users a more reliable and censorship-resistant medium of exchange. The project emphasizes the importance of community governance and aims to empower xMARK holders to shape the future of the protocol. As with any DeFi project, potential users should carefully review the protocol's documentation and understand the risks involved before participating. Smart contract vulnerabilities, market volatility, and regulatory uncertainties are all factors that should be considered. Benchmark Protocol aims to mitigate these risks through rigorous security audits and ongoing development efforts. The long-term success of xMARK and Benchmark Protocol will likely depend on its ability to maintain price stability, attract a strong user base, and adapt to the evolving landscape of the DeFi market. The protocol's emphasis on community governance and transparency may help to foster trust and confidence among users. The project continues to develop new features and functionalities to enhance the utility of xMARK and expand the Benchmark Protocol ecosystem.
xMARK is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the value of xMARK coin?
1 xMARK is worth $0.004686.
To get price and historical data for xMARK coin, use API ID: xmark-xmark for endpoints at http://api.coinpaprika.com.
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