SXP
- Owned by Binance
- Mobile wallet software
- Requires SXP for everything, including withdrawal
- Not allowed for USA customers (now we know it's good!)
- 80% of SXP fees are burned, 20% goes to dev team
- Sick debit card that provides cash back in BTC and somehow doesn't liquidate the crypto that backs the purchases
- Large financial incentives for SXP whales. Think FTT & FTX. Few hold it despite tremendous upside.
- Linked to defi and already well-respected in BSC. Allowed as collateral in Venus etc.
- All kinds of stuff is ripping vs. USD and SXP looks like its next up