Innovation in the decentralized exchange space has stagnated.
The runaway success of the Uniswap model - combined with the unique, open-source nature of blockchain development that makes it easier for new projects to fork and redeploy existing solutions instead of coming up with something new - has stifled creativity and removed the usual incentives to innovate that exist within a competitive market. exo.fi is about to change all that.
EXO is a total ecosystem integrating a decentralized exchange and launchpad, with an innovative locking platform. It also provides a marketplace and various tools that will help projects and communities thrive.
exoSwap is a true next-generation, omni-chain decentralized exchange platform, offering a single point of access to De-Fi trading and investment opportunities across all current and future smart contract networks. Beginning with Binance Smart Chain, followed by expansion to the Fantom and Ethereum networks and more, exo.fi’s cross-chain bridging will bring class-leading innovations and functionality to the entire smart contract ecosystem, changing the way cryptocurrency projects launch, trade and grow forever.
While new and emerging smart contract networks present huge opportunities, breaking the dominance of existing DEX platforms on older blockchains has historically proven challenging to new entrants into the market. exo.fi will disrupt this current status quo by offering powerful incentives to both traders - with a smooth, intuitive UX along with exotic order types, DEX aggregation, trading fee rebates, prize fund distributions and more - and project developers, who will be given unparalleled freedom and flexibility to control how their token is traded on our platform, with a feature-rich launchpad for new tokens and financial incentives for older/existing tokens to migrate trading liquidity over from other DEXes. A suite of additional tools and utilities - some of which have already been built - will serve to further simplify the process of community management and bring projects and their holders closer together. caricature
Underpinning this platform is the $EXO utility token, a deflationary governance currency which unlocks access to various tiers of functionality across the entire DEX-launchpad ecosystem, whilst simultaneously powering offerings such as staking, farming, prize pools/lottery and more. With flashloan/exploit prevention measures in place, and full control over emission rates along with buyback/burn built in to DEX fees, the entire token is designed to ensure security and maintain scarcity of supply.
Beyond this, however, the $EXO token’s biggest innovation lies in its brand new, rising-pegged mechanics - creating an ever-rising price floor for the $EXO token backed by fee revenues generated across all exo.fi products. See the Token section below for details.
This base ecosystem is the foundation around which a comprehensive suite of De-Fi products is being built, comprising the most popular offerings already seen around the current crypto space along with a series of brand new innovations unique to the exo.fi project.