Today’s DeFi landscape is a patchwork of platforms. Want to swap tokens? Head to Uniswap. Looking to lend or borrow? Aave’s your go-to. And as for options trading, you don’t even know where to go. Evo Exchange plans to change all that by offering a solution that provides a centralized exchange (CEX)-like experience on a decentralized exchange (DEX) framework. Evo Exchange will allow users to take advantage of everything DeFi has to offer, across a plethora of blockchains, without even realizing that they are using every functionality and every blockchain.
Evo Exchange’s token, the EvoX token, is a governance and profit sharing token. This token is not a normal utility token, it signifies actual ownership of the exchange, including making all decisions for the exchange, smart contract upgrades, fees charged, and profit distribution. The EvoX token also signifies legal ownership of Evo Exchange DAO LLC, incorporated in the Marshall Islands.
Revenue share and buyback
- 67% of revenue distributed to tokenholders
- 10% of revenue used for EvoX token buybacks
Governance
- Voting rights capped at 10%
- Votes from users holding over 10% to be redistributed amongst all votes at the end of a proposal
