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What types of smart contracts does VNX use?
What types of smart contracts does VNX use?
Written by Eugene Gavrilov
Updated over a week ago

VNX has developed several solutions in order to maximize effectiveness: 

  • Transparency of the offering by Bidding Smart Contract

• The bids are anonymized and recorded on public Blockchain - currently Ethereum

• The investor may verify his own bids

  • Minimum intermediaries in the functionality of DCR Smart Contract

• ERC-20 utility token with built-in measures to ensure that only compliant clients can trade DCRs

• No need in intermediaries

  • Utility token VNXLU

•Standard ERC-20 utility token that is used to pay for VNX platform

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