What is JOCX Token
JOCX Token is an ERC-20 token issued based on the native token "JOC Coin" of Japan Open Chain, enabling it to be used on multiple major blockchains including Ethereum. JOCX Token is issued and managed by smart contracts leveraging LayerZero's cross-chain technology. When JOC Coin is deposited into the JOCX issuance dedicated smart contract, JOCX Token is issued at a 1:1 ratio on the selected network. The issued JOCX Token can be freely moved between supported networks, and by burning JOCX Token on the target network, users can automatically receive JOC Coin back on Japan Open Chain.
JOCX Issuance Method
JOCX is issued at a 1:1 rate by locking JOC Coin through smart contracts deployed (registered) on Japan Open Chain, and can be redeemed back to JOC Coin by burning JOCX on the target network.
JOCX Specifications
| Item | Content |
|---|---|
| Token Name | JOCX Token |
| Ticker | JOCX |
| Token Standard | ERC-20 |
| Issuance Method | 1:1 Mint & Burn with JOC Coin |
| Maximum Supply | 1 billion tokens (combined with JOC Coin) |
| Deployed Networks | Ethereum, Avalanche, Base Network, Arbitrum |
| Contract Address | 0xbb1E1399EEE1f577F1B4359224155f5Db39CA084 |
Major Services Supporting JOCX Token
JOCX Token can be used on various decentralized finance (DeFi) platforms and wallets worldwide.
Representative services:
About JOCX Token Mint/Burn
JOCX Tokens can be technically minted (issued) or burned (redeemed) by anyone through blockchain smart contracts. Here is a representative service:
Regardless of whether you use the above website, if you burn on the target network, you can withdraw JOC tokens on Japan Open Chain via the LayerZero protocol.
Notes
JOCX Token is a contract issued and managed by smart contracts on the blockchain, and is not managed by the Japan Open Chain project. Therefore, the project assumes no responsibility for any disadvantages arising from the handling of JOCX.
FAQ
Q: What is the difference between JOC Coin and JOCX Token?
A: JOC Coin is the native token available on Japan Open Chain. JOCX Token is an ERC-20 token issued based on JOC Coin, and can be used on other blockchains such as Ethereum.