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Stronghold Token v1 Overview
24h High
$0.01
24h Low
$0.01
24h Change
-0.76%
7d Change
-0.62%
30d Change
-13.10%
Volume 24h
$97.71K
Market Cap
$99.61M
Circulating Supply
19.90B SHXV1
Stronghold Token v1 News
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About Stronghold Token v1
What is Stronghold Token (SHX)?
- Network rewards and loyalty: SHX is the currency of Stronghold’s merchant rewards programme. Businesses earn points based on transaction volume and can redeem them for SHX or to reduce processing fees. - Payments and settlement: SHX underpins Stronghold’s real-time settlement on Stellar, chosen for low fees and fast finality. The token exists on both Stellar and Ethereum to facilitate cross-ledger value transfer. - Liquidity for financing: SHX liquidity pools support Stronghold’s Merchant Financing (merchant cash advances) offered to businesses using the payments network. - Fee discounts: SHX can be used within Stronghold’s ecosystem to reduce processing costs for integrated merchants and partners. - Governance: SHX holders participate in governance on Stellar (on-chain votes recorded via Manage Data operations) and on Ethereum via Snapshot. Proposals include process rules, product priorities and token-economic parameters. - Protocol burns tied to financing: In a completed vote, holders approved burning 70% of Merchant Cash Advance origination fees (paid in SHX) with the remaining 30% allocated to pool contributors; implementation completed in Q1 2024.
SHX is issued by Stronghold, a payments infrastructure company co-founded by Tammy Camp and Sean Bennett. The company’s public materials note their collaboration dating back to 2014 work around Stellar, with SHX first issued in 2018 as part of Stronghold’s push to build virtual payment networks and settlement rails.
Stronghold Token v1 Markets
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Stronghold Token v1 Platforms
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Stronghold Token v1 Market Data
The live Stronghold Token v1 price today is $0.01 USD with a 24-hour trading volume of $97,710.95 USD. We update our SHXV1 to USD price in real-time. Stronghold Token v1 is down 0.76% in the last 24 hours.
The current market cap is $99,607,046.60 USD, ranking #198 by market capitalization. The circulating supply is 19,902,861,738 SHXV1 out of a max supply of 100,000,000,000 SHXV1.