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Dynex(DNX) Release Wrapped Token
Dynex will be releasing a wrapped token, $0xDNX, on the Ethereum blockchain within a month! An extensive audit process, both internally and externally, is underway to ensure there are no security flaws, which is why the exact date cannot be provided at this time. Exposure to the Ethereum blockchain will enable our wrapped token to be traded on decentralized exchanges (DEX), significantly increasing market exposure and potential volume. This is one of many reasons the Angel round was conducted now, as we look to roll out a comprehensive native approach. Accessing wider audiences is a core target for the team. A bridge will be made available to securely swap between the wrapped token and the native token ($DNX). There will now be a variety of additional storage options available to Dynex holders via the wrapped token for those who have existing wallets that support the Ethereum blockchain. This will not halt the existing storage developments being made for the native token.
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