SX Network combines the Polygon SDK, a rapidly growing on-chain treasury, with a leading prediction market Dapp and a market based governance system
SX Network is three layers of technology built on top of each other to create an EVM-compatible ecosystem that uses a prediction market-based governance system for managing both its treasury and network parameters.
SportX: The original Dapp on SX Network will be the prediction market SportX. SportX is one of the most widely used non-custodial prediction market platforms in the world, processing $44 million in volume across more than 500,000 bets since inception 100% of the fees of this dapp will go to the SX Network protocol.see sportx.bet
Other: We are lining up other DeFi and prediction dapps to deploy on SX Network, most could be supported by the SX Protocol treasury via grants or liquidity mining programs.
SX protocol has an on-chain community treasury and governance. The protocol currently receives 100% of the fees of SportX along with 550,000,000 SX tokens over the next 4 years. SX stakers can vote on how the treasury is deployed.see fund here
SX Chain is a standalone smart contract blockchain built on the Polygon SDK. Its intention is to scale top quality dapps with a focus on DeFi and prediction markets. It uses Polygon’s proven technology as its base and is linked to both Polygon and Ethereum for security.Documentation
Incentive Alignment: A GOVERNANCE TOKEN THAT MANAGES THE SX TREASURY, RULES OF THE SX PROTOCOL AND CAN BE USED TO INCENTIVIZE DAPPS, DEVELOPERS AND COMMUNITY MEMBERS TO CONTRIBUTE TO SX NETWORK.sx token
SX Network is natively integrated with the SX treasury, rather than a centralized and opaque entity like Block One or the Ethereum foundation. Every dollar spent by the foundation is approved by on chain governance.
Polygon is the dominant layer two network on Ethereum, and currently supports hundreds of applications and secures $5B in assets. SX Network leverages this technology by working with the Polygon team to launch a battle tested and proven smart contract chain.
The SX Network team has:
Come meet the team in our Discord