Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Sharlife is a Registered Shariah Advisory Firm with Securities Commission Malaysia - The only regulated provider of crypto & stocks Shariah status
Name : illumineX (IX)
Consensus Mechanism : Proof of Stake
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Last Screening: Q2 2024
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Overview
illumineX (IX) is a decentralized protocol that facilitates secure, private, and compliant cross-chain swaps. By integrating proactive restrictions on wallets flagged by governmental watch lists and leveraging the Oasis Sapphire privacy layer, illumineX ensures both confidentiality and adherence to regulations. Its IX token, capped at 100 million with only 57 million circulating, becomes deflationary through a buyback and burn mechanism. The platform supports boosted farming, staking, and liquidity pools, rewarding participants with IX tokens. With features like private wrapped tokens and a robust compliance framework, illumineX offers a seamless and secure DeFi experience. Future plans include an SDK for broader integration and community engagement.
Whitepaper & Documents
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