Rising-Pegged

The token includes a unique, deflationary pegged mechanism, designed to create a price floor for the token which not only stabilizes the price, but rises persistently over time.

At launch, the $EXO token will have its opening pegged value set at 10% below the launch price. A combination of variable emission rates and dynamically-allocated exchange fees is then used to support the token price and help keep it at or above peg. The pegged price in turn increases incrementally at set intervals (epochs). Over time, the emission rate of new $EXO tokens will reduce, with the pegged price increasing accordingly, helping to maintain a consistent USD value for emitted reward tokens.