TXA Project TXA

TXA is an open source project that provides decentralized settlement services to exchanges that wish build on top of its settlement layer. TXA’s Decentralized Settlement Layer serves as the foundation for a new kind of crypto exchange: hDEX, which stands for Hybrid-Decentralized Exchange. TXA’s Decentralized Settlement Layer brings to fruition the architecture of a centralized orderbook with decentralized settlement. This means that traders will have access to CEX-like speeds while having a DEX-like trading experience in terms of privacy and security.

The TXA token is the ecosystem utility token for TXA’s Decentralized Settlement Layer. It may be used as a fee replacement on exchanges that use the TXA Decentralized Settlement Layer or staked to operate a Settlement Data Oracle within the Decentralized Settlement Layer and participating in the network governance.

Holders of the TXA token in the community will have the opportunity of providing decentralized settlement services within the ecosystem to exchanges built on the Decentralized Settlement Layer and will be able to charge a fee for their services within the ecosystem. With rapidly increasing regulation, yield generating sources in DeFi are quickly drying up. SDO operation offers the next generation of yield opportunities to the community.