XPLR The Debt Box
A friend on web2 shared this project and I am always overly cautious.
https://www.thedebtbox.com/projects
They have a DEBT token and an XPLR token on BSC,
The DEBT token is the central support and utility token for the DEBT Box ecosystem which has a growing list of token projects. Each project will have a swap pairing with the DEBT token. Other projects in the ecosystem are deflationary with transfer fees to support the network, discouraging frequent trading. Because of this, a token holder will be encouraged to transfer their project token value to the DEBT token before transferring and using it for trading and liquidity. With the central role it plays on the platform, DEBT will generate demand as more and more projects enter the ecosystem and token projects mature.
here's the white paper, it appears you can swap 100 BUSD for about 837 XPLR.
Explore is a project that provides technology and services to various commodity suppliers around the world. Using advanced proprietary remote sensing and satellite imagery technology, Digital Licensing, Inc., the platform’s permissioned administrator, offers suppliers of raw materials the ability to create efficiencies throughout the exploration, extraction, refining and/or production processes of raw commodities.
https://www.thedebtbox.com/xplr-token
This all still seems a little fuzzy to me. Has anyone looked at this?
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