Earn cryptocurrency in perpetuity for simply holding our tokens
0xMultiply allows users to trade ETH/ERC20 tokens for 0xMultiply tokens (0xWBTC/0xWETH). Every 0xMultiply holder receives direct earnings in WBTC/WETH every time that anyone else buys the token based on the amounts of tokens held.
This means that as soon as you hold 0xMultiply tokens, you are continuously accumulating "free" WBTC or WETH distributed to you on every transaction based on the amount of 0xMultiply tokens.
Wrapped Bitcoin (WBTC) is the first ERC20 token backed 1:1 with Bitcoin.
Wrapped Ethereum (WETH) is an ERC20 token backed 1:1 with Ethereum.
First phase of this project consists of two variants in Bitcoin (Wrapped Bitcoin) and Ethereum (Wrapped Ethereum). More tokens will follow as the project scales.
Users who send either WBTC/WETH will receive the same amount in 0xWBTC/0xWETH. The amount of 0xWBTC/0xWETH determines the users stake as every time a new token purchase takes place the received WBTC/WETH will be sent to all token holders at their weighted average, distributed weekly.
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