Decentralized Gas
Credits with EthanolX

Ethanol X is an initiative to giveback users trading and holding on ethereum network. Get 2% gas credits on your holdings everyday with onchain distribution.

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Recap

ETHANOL TOKEN

Ethanol token was launched as a gas refund token to solve the issue of surging gas fee over the ethereum network and offered cash back rewards on the amount of gas spent by the users.

Launched

November 2020

Cashback Rewards Distributed

$7 Million

Max User base

2000 users

Token Value Surge

21x
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Ethanol Token was an experimental project and encountered a lot of problems as more users and investors hopped on-board with us. So, the team was determined to launch an upgrade that would address the issue of scalability, ease of use and the need for a decentralized framework.

What is Ethanol

EthanolX or ENOX is the much needed enhancement to the existing model of Ethanol token. ENOX offers gas credits to its users as a compensation for trading or transaction fees. Unlike Ethanol, users do not have to worry about daily transactions and can avail 2% gas credits everyday by simply holding ENOX tokens in their wallet.

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FEATURES

Upon extensive R&D , Enox team has designed this project to meet user satisfaction while eradicating the most prevalent issues so that its users can have a seamless experience while availing gas credits.

ON-CHAIN CREDIT DISTRIBUTION

Enox provides a real-time, on-chain gas credit distribution model, which allows the whole process to be decentralized and makes the credit distribution free of transaction fee. To make it convenient for users, credit distribution will happen automatically every day (at 7500 Blocks or equivalent)

SUSTAINABLE FRAMEWORK

There will be a transaction tax of 8% for every transaction and will be divided equally for: LP injections, Reward pool, Price Stabilizing Mechanism and Referral Payouts in Ethereum. Conditional minting and burning will be used in the contract to keep the reward pool equalised.

Price Stabilizing Mechanism

Unlike the outdated projects, Enox will automatically stabilize its price, which will help in a volatile market. The contract will be automated to buy and sell ethereum, depending on market conditions, to stabilize the price of ENOX token.

Free ENOX Trading

The benefit of total reimbursement of gas fee on the trading of Enox in decentralised exchanges is being offered to the users to facilitate more trading volumes on the token.

LP Injections

We understand the importance of liquidity to a project, and hence the contract will automatically inject 2% of each transaction into LP and lock it forever.

Weekly Referral Payouts in Ethereum

The ENOX contract is designed to reward the referral ecosystem. Referrer and Referral will receive 2% and 1% rewards of the total value of ENOX token bought by the referral. The reward will be paid out in Ethereum during weekly distribution.

FUTURE PLANS OF ENOX

ROADMAP


  • 03 JUNE

    Test Release


  • 06 JUNE

    Whitepaper Release


  • 13 JUNE

    Launch On Uniswap


  • 13 JUNE

    Launch of 2.1v of Cashback Dapp.


  • 03 JULY

    Testing with bitcoin reward system.

Try Ethanol X Now

HOLD ENOX TOKEN AND EARN
DAILY GAS CREDITS

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  • Hassle free on-chain Gas Distribution

    ENOX utilizes smart contract for automated real-time gas credit distribution.

  • User-Centric Sustainable framework

    The project is optimized to deliver the best user experience with no sustainability issues.