Utility
Token Utility.
The primary utility of the EXA token is to give holders the ability to participate in key decisions affecting the EXA Ecosystem, such as platform upgrades, partnerships, and treasury fund allocations.
From day 1, holders will be able to:
Provide liquidity: Contribute to the ALGO <> EXA liquidity pool on Tinyman and earn fees on all token swaps within the pool.
Farm EXA: Earn EXA tokens by staking LP tokens in the Tinyman farming pool.
Trade NFTs: Use EXA tokens to buy and sell NFTs on exa.market.
However, additional utilities can be added over time by the community via the Governance system. For instance:
Launch governance participation rewards: Incentivize active participation in governance by offering rewards or voting power to token holders who contribute to key decisions affecting the ecosystem.
Offer token buybacks or burns: Implement periodic buybacks or token burns, reducing the total supply of EXA tokens, which could drive demand among the community.
Provide exclusive platform benefits for token holders: Grant token holders access to exclusive features, such as early access to NFT drops, premium content, or reduced fees for trading and minting on the EXA Market.
Loyalty Programs: Implement a loyalty system where users accumulate benefits such as higher staking rewards, based on how long they have held a certain amount of EXA tokens.
Integrate with external ecosystems: Explore partnerships where EXA tokens can be used across multiple platforms or blockchain projects, increasing its utility and attractiveness to a wider audience.
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