GRX ChainGRX

GRX is the native utility and governance coin of GRX Chain, an EVM-compatible, Delegated Proof of Stake (DPoS) blockchain developed in the GroveX ecosystem. GRX Chain is designed for fast finality, low transaction costs and high throughput, providing the base layer for DeFi protocols, on-chain trading, payments and Web3 applications. GRX is used to pay gas fees, secure the network through validator and delegator staking, and participate in on-chain governance. A fixed maximum supply of 10,000,000 GRX is complemented by a deflationary model in which a portion of designated fees is burned until a target threshold is reached.