The world’s first crypto exchange governed by DAO has announced a major announcement, which is an exciting development for the cryptocurrency community. UZX.COM has launched the platform token UZX and initiated the first airdrop activity, totaling 1 million UZX tokens, with a total token supply of 500 million, currently deployed on the Polygon network.
For the first year, 95% of the token supply will remain locked. Participants can register and participate in the airdrop through the official website and social media channels. Token holders will be granted governance rights over the exchange, including proposal voting, elections, project dividends, etc. Users will have a voice in the decision-making process. According to the platform’s commitment, 20% of quarterly profits will be used for token buyback and burn, until 100 million tokens are destroyed.
UZX.com is an innovative and feature-rich trading platform that adopts DAO governance. It offers unique features such as anonymous registration, instant contracts, lightning trades, options contracts, staking, and a Web3 trading system. The launch of the UZX token and its accompanying governance features marks an important milestone in the cryptocurrency industry.
By harnessing the power of decentralized autonomous organizations (DAOs), the platform enables its community members to actively participate in decision-making and shape the direction of the exchange. DAO governance brings transparency, inclusivity, and community-driven decision-making to the forefront. Through UZX, stakeholders will have the opportunity to contribute their opinions, ideas, and expertise to the platform’s growth and development. This democratic approach ensures that the exchange meets the needs and desires of its user base.
Furthermore, the commitment to regular token buyback and burn demonstrates UZX’s commitment to token appreciation and creating a sustainable ecosystem. As the token supply decreases over time, UZX aims to enhance scarcity, thereby increasing the demand and value of UZX.
As the world’s first cryptocurrency exchange governed by DAO, UZX.com paves the way for a new era of community-driven trading platforms. Through its innovative features and commitment to empowering users, it aims to redefine the traditional exchange model.
The launch of the UZX token and the initiation of the airdrop signify the beginning of an exciting new chapter for the platform. The DAO governance model and its unique features are expected to provide a more inclusive, transparent, and user-centric trading experience. Through UZX, participants have the opportunity to become active stakeholders in shaping the platform’s future. This is an important step towards fundamentally changing the way cryptocurrency exchanges operate.
Please check link：https://www.uzx.com/#/UZXDao
Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/uzx-com-launches-a-1-million-uzx-governance-token-airdrop-program/