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FOX, initiated and created freely by the blockchain enthusiasts from the "Yuebei APP" user community, was issued on the Huobi Eco Chain (HECO) in April 2021. Since its public beta test for two months, "Yuebei APP" has already registered over 200,000 users. In the future, FOX will rely on the "Yuebei APP" ecosystem to enrich its usage scenarios.
FOX (Fox Coin), a decentralized hyper-deflationary cryptocurrency based on the "Yuebei APP" user community within the crypto social sphere, is issued on the Huobi Eco Chain. Every transaction of FOX on the chain is subject to a 5% tax, where 3% is added to the MDEX liquidity pool, 1% is burned instantly, and 1% is distributed to the earliest supporters of FOX. Currently, the development of FOX is entirely driven by the "Yuebei APP" user community.
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