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ALOT
Price
$ 0.804927
Total Raised
Dexalot’s mission is to bring a viable decentralized exchange with Central Limit Order Book capability to the current cryptocurrency space. Read More
Dexalot’s mission is to bring a viable decentralized exchange with Central Limit Order Book capability to the current cryptocurrency space. It creates a truly inclusive trading environment that can rival centralized exchanges with its look and feel.Dexalot is built on Avalanche platform’s C-Chain technology for its implementation as it offers the following advantages:100% compatibility with the mature Ethereum Virtual Machine technology.Transactional speeds with 1-2 second finality.Transactional throughput that can withstand thousands of transactions per second.Low cost of deployment and operation.Dexalot token is intended to be a utility and governance token for the Dexalot ecosystem.The planned utility for the Dexalot token is as follows:Governance: Dexalot token is planned to be the token for governing the future of Dexalot.Gas: Dexalot token is planned to be the main currency for gas payments when Dexalot moves to its own subnet.Staking: Dexalot token is planned to be stake-able and delegate-able by validators and delegators to secure the subnet (similarly to the X, P and C chains of Avalanche itself) and to drive good behavior on the platform.Incentives: Dexalot token may also be utilized in the future as an incentive to promote the platform and incentivize users to use Dexalot.