General FAQs
What blockchain network is the EXO token built on?
It is built on a Binance Smart Chain (BSC) network.
Is the team doxxed?
The team is planning to dox within the coming days/weeks. We will have a team page on our website with brief backgrounds, as well as LinkedIn profiles. Additionally, we will be applying for Certik KYC Badges for our team members.
Are the contracts audited?
Our contracts are nearing completion as our dev team has been hard at work. As soon as the contracts are completed, they will be submitted for audit, most likely via Certik.
What is the difference between your tokenomics and Tomb?
The pegged tokenomics from the tomb and all the associated forks were the inspiration for ours. It's a clever mechanism, but the problem is that it generally isn't tied to any utility (at least not in the beginning) and so it is still reliant on the same model as the old simpler reflections/buyback tokens, where you need new buyers to come in at the bottom of the pyramid for the existing holders to profit.
We just decided to create a similar system that was backed by sustainable income (utility fees) to support the peg. And if you have the pegged price increase over time, you're creating a rising price floor using sustainable revenue to generate a lot of artificial buy+burn pressure whenever the token dips below the peg.
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