Tokenomics

Tokenomics

Tokenomics

Dynex Native Coin

Dynex's native coin is called DNX and can be divided into 10^9 smaller units called nanoDNX (one nanoDNX equals one billionth of a DNX).

No Premine

Truly fair launch in September 2022 with no ICO, no pre-mining and pre-allocation of coins to the team or investors.

Sustainable

With Dynex, mining is channelled through solving real-world problems, with real, proven results.

Emission

There was no initial coin offering („ICO“), no pre-mining and no coin drop for developers or any other hidden incentive built into the token. Following the launch of the Dynex Mainnet, all 110,000,000.0 DNX tokens are available according to the emission schedule. To ensure the smoothness of the emission process we use the following formula for block rewards:

BaseReward = (MSupply − A) ≫ 18

Where A is amount of previously generated coins.

Circulating Supply

Information about circulating supply can be observed by everyone who is running a node. It can also be accessed by third-party data providers like Coingecko or CoinMarketCap.

Network Information

Details about current difficulty, number of miners, PoUW rewards and more are available in our network explorer.

Audited Blockchain and Codebase

Dynex's codebase undergoes regular audits conducted by renowned third-party audit firms to ensure the highest standards of security and reliability. These audits comprehensively assess core blockchain operations, transaction management, network communication protocols, and cryptographic utilities. The primary objective is to validate the security, performance, and maintainability of the node software while ensuring compliance with modern C++ coding standards. In addition to the core infrastructure, Dynex's self-custody wallets are also subject to rigorous evaluation to guarantee secure and seamless user experiences. The most recent audit, conducted by Cyberscope, was successfully completed with no critical or medium-level findings, reaffirming Dynex’s commitment to maintaining a robust and secure blockchain ecosystem.

> Cyberscope Online Wallet Audit Results (January 22, 2025, online)
> Cyberscope Online Core Audit Results (January 22, 2025, online)
> Dynex Core Audit Report (January 22, 2025, PDF)
> Dynex Wallet Systems Audit Report (January 22, 2025, PDF)

Copyright © 2025 Dynex. All rights reserved.

Copyright © 2025 Dynex. All rights reserved.

Copyright © 2025 Dynex. All rights reserved.