What is CorionX Token? | How to STAKE and use CorionX?

foxicoreviews (61)in #crypto • 4 years ago

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What is CorionX Token?

CorionX as a service token stands for the adoption, use, and delivery of stablecoins, Crypto, CBDCs, Open Fiance, and Defi solutions. Introducing them to the public and promoting collective cooperation.

CorionX provides a common forum for stablecoins, leading the # MoneyInRightDirection Movement to flourish in the paradigm shift to use crypto as digital to programmable money. CorionX is a “gas” for stablecoin and crypto networks. CorionX supports its customers from the use and exchange of stablecoins and Defi cryptos. Acquire, Use, Stake.

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CorionX Distribution

The Corion Foundation will use its resources, years of financial expertise, and a broad and active network to make its utility token effective. CorionX tokens will be circulated to members, supporters, and backers of stablecoin groups.
340.000.000 CorionX will be distributed to the community through the Stablecoin Movement, Exchange Offering (IEO,) the Initial, the Swap and Bounty Teams, and the Foundation. Corion Foundation cherishes CorionX customers who run and operate on the network, carry and use tokens in various services. 60.000.000 CorionX tokens will be issued quarterly (10.38% p.a.) through the Loyalty Stake System.

The Aim of CorionX & Foundation

Their goal is to encourage the worldwide implementation of stablecoins, Defi, CBDCs, and to assist the unbanked younger generation to gain access to fast and secure, low-cost OpenFinance. They endorse all ventures that operate on these technologies and focus on the creation and services of companies.

The Corion Foundation is there to set up a shared forum for these initiatives, as their mass acceptance is their key aim. They are committed to making this new automated and programmable use of money open to both e-wallets and finance, making it affordable to more and more countries.

The Corion Foundation was established in 2016. It was developed with the goal of helping to grow and distribute stablecoins and secure cryptocurrencies around the world.

CorionX Security

Owing to their strict market expectations, their servers never follow the private key, whether it’s CorionX, ETH, or BTC. They’re not using sophisticated ads and analytics monitoring codes, but there’s no risk that anyone could spy on you through them.

They don’t advocate swapping your Wallet key with someone else.

If you want to give someone access to all of your addresses for whatever reason, please give him/her your public address so that he/she can import it Watch Only. Whether you’re a corporation or a legal body, sharing your private key is probably not the safest thing to do. They advocate setting up a multi-sig wallet (such as Parity or Copay) with trustworthy individuals for signing transactions.

Rewards of joining CorionX and the # MoneyInRightDirection Community

The Foundation intends to promote the growth and expansion of stablecoins and cryptocurrencies as a safe borderless payment mechanism that enables developers, consumers, business organizations, students, and commodity traders to engage in the OpenFinance ecosystem with added benefits.

Shared networks (e-wallet utilities, atomic token exchanges, merchant gateways, and De-Fi)
Participation in the regional # MoveMoneyInRightDirection stablecoin initiative

Incentivizing the purchase and usage of CorionX service tokens with a quarterly 2.5 percent bonus incentive.

Identifying stablecoin projects and exploring new ways to work together to achieve common objectives

Business consultation, project ranking, and analysis of White Paper

Encouraging stakeholders (regulators, creditors, brokers, policy owners, exchanges, and insurance companies) to involve them in stablecoin campaigns and industry cooperation.

Include access to information on Crypto Resource Management, Know Your Client KYC Enforcement Processes, GDPR Enforcement, and Non-Customer Safety Best Practices.

The Foundation will facilitate alliances and white label programs to promote the growth of the CorionX consumer base and the stablecoin ecosystem around the world through a single forum.

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