exoexo is the next generation of De-Fi cross-chain swap infrastructure, a community-oriented project changing the way cryptocurrency is traded and providing previously unseen levels of control and flexibility in the hands of investors and projects.
The $EXO token – around which all exo.fi utilities are built – unlocks features across the platform and makes every holder into an exo.fi shareholder, earning them a share of profits from every utility and enabling voting rights on community governance issues. Meanwhile, unique appreciating-pegged tokenomics creates an ever-increasing price floor for the $EXO token, supported by income generated from fees.
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The $EXO token is the governance token around which the entire Exo ecosystem is built. Staking $EXO enables access to the plethora of features on exoSwap, exoStart, exoTools and more, with four different governance tiers that unlock progressively more functionality.
$EXO has a unique, deflationary price support mechanism, designed to create a price floor for the token which not only stabilises the price, but rises persistently over time.
How it worksworks
When $EXO is above support
$EXO tokens are minted at the normal rate. Exchange and utility fees are levied and distributed as per the normal fee schedule.
When $EXO is below support
1/ - $EXO token emission rates are slowed, proportionally according to how far current market price is below the dynamic support price
2/ - An additional 1% burn is levied on sales of $EXO, along with an additional 1% added to $EXO staking rewards
3/ - Fees are either burned, or diverted to buyback and of $EXO tokens (depending on which currency the fees are taken in)