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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| WAXP | -77.16% | -85.07% | -31.64% | -99% |
| S&P | +13.95% | +78.35% | +12.25% | +153% |
The WAX Protocol is a DPoS blockchain that is designed to scale alongside a microservice layer to create specialized infrastructure for digital goods marketplaces. The platform includes a decentralized marketplace, virtual item trading and generation, and wallets. The WAX Blockchain operates on a token-based economy where consumers provide resources, and the ecosystem pays for itself, with participants guiding its development and benefiting from its growth. The WAX microservice layer provides necessary marketplace functions for growth and scalability without requiring a massive investment in infrastructure.
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