NOXO

NOXO is the version, moved to BNB Chain after a rebrand, of the token that previously traded on Arbitrum as Noxcat (NOX), and it is part of an ecosystem called NOXCAT. The project documentation describes NOXCAT as an open financial ecosystem that combines a self-custodial multi-chain wallet, social messaging and friend-to-friend transfer features, a staking system and an on-chain escrow protocol for peer-to-peer trades.

According to the documentation, NOXO is the ecosystem's governance and incentive token: it is used to coordinate decentralized decision-making, reward staking and liquidity participation, and direct development resources. The total supply is stated to be fixed with no new minting; a significant part of the distribution is allocated to staking rewards.

This information is based on the project's own documents; the wallet's user base and the security audits of its protocols have not been verified by independent sources. According to CoinGecko, trading takes place mainly on decentralized exchanges. The NOXO price on Lzzo.com is taken from DefiLlama's US dollar reference data and is for information only.