What problem does this service solve?

Add.xyz's goal is to provide greater access to decentralized financial services with a strong focus on privacy.pTokens aims to increase liquidity for cryptocurrencies, as well as cross-chain interoperability.

Token Stats

Company Description

Add.xyz is full-stack DeFi aggregator that places a strong emphasis on privacy and security. Add.xyz provides users with a suite of DeFi services in one unified platform that is powered by the ADD token; including: lending, staking, coin blending and swapping. The platform has several off-chain and on-chain privacy mechanisms that are designed to increase anonymity and privacy for DeFi services. The Add.xyz protocol unifies several of the leading DeFi protocols and blockchain infrastructures. It enables communication between the different protocols to create and execute various financial transactions.

pTokens are digital assets that are transparently pegged to another underlying asset. pTokens serve as a Cross-Chain token wrapper that allows users to more easily transfer value between different blockchains. Users can deposit a certain amount of the underlying asset (such as BTC or EOS) and request the equivalent pTokens that are pegged to them 1:1, such as pBTC or pEOS. Token holders can then take advantage of the Ethereum network by more easily exchanging them into ERC-20 tokens.

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