GateLive AMA Recap-UxLink

2024-07-17, 09:31

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/1721208605uxlink.png)
## Q1. What is UXLINK?
UXLINK is the largest Web3 social platform and infrastructure globally, enabling users and developers to discover, engage with, distribute, and trade a diverse range of crypto-assets. Through trust-based social relationships and group models, UXLINK empowers users with features like social mining, social DEX, and liquidity staking. Additionally, developers benefit from protocols for integrating social graphs and licensing data. As a growth engine for Dapps, UXLINK is a pivotal super platform within the Web3  ecosystem.

## Q2. What Value Does UXLINK Offer Users?
Users can gain POW points and token rewards from UXLINK and its ecosystem projects by participating in UXLINK's social mining, social DEX, and social game center on TON. They can also stake crypto-assets in UXLINK's SLP system to receive POS benefits and share in the future listing rewards of Pre-TGE tokens staked by UXLINK ecosystem partners.

## Q3. What Benefits Does UXLINK Bring to Partners?
UXLINK provides partners with the following advantages through its Social Growth Layer:

Enhanced user growth facilitated by social protocols.
POS revenue through the SLP protocol.
Improved capabilities for social growth among ecosystem partners via Layer3.

## Q4. What is $UXLINK and Its Value?
$UXLINK is the governance token of the UXLINK platform and ecosystem, serving crucial utility functions. Developers use $UXLINK to drive ecosystem growth, while users utilize it to pay transaction fees. Additionally, $UXLINK allows stakeholders to capture value across the entire UXLINK ecosystem.

## Q5. What is the key value of $UXLINK?
Utility in Ecosystem Development: Eco-partners and developers need to purchase and hold $UXLINK to activate UXLINK protocols and access its foundational services.

Transaction Fees and Charges: Users acquire and hold $UXLINK to cover transaction fees, commissions, and gas fees within the ecosystem.

Staking and Rewards: $UXLINK can be staked to earn token rewards from other projects within the UXLINK ecosystem, incentivizing engagement.

Limited Supply and Deflationary Nature: With a fixed maximum supply, $UXLINK is designed to become scarce over time as user adoption and ecosystem usage increase, potentially leading to deflationary pressures and increased value as a critical utility token within the ecosystem.

Ecosystem Integration: Serving as an essential token within the UXLINK ecosystem, $UXLINK facilitates seamless interactions and transactions across its decentralized infrastructure.

<div class="blog-details-info">
<div>Author:** GateLive**, Gate.io Team
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>