Altcoins Talks - Cryptocurrency Forum
Learning & News => Announcements [ANN] => Topic started by: EpoxyDAO_Official on September 14, 2020, 02:14:48 PM
-
Greetings from EpoxyDAO!
We glad to introduce to you our EPX token.
EPX is the governance token of Epoxy Protocol. It plays a key role in the Epoxy ecosystem by controlling the Epoxy Protocol and balancing the value of stablecoins. EPX has a total supply of 100,000,000. EPX is used to make votes in Epoxy Governance. If someone or some institutions want to introduce their stablecoin to EpoxyDAO, they will have to either convince the community to approve it or buy most of the EPX tokens to win the vote
The ultimate goal of EPX token is balancing the value of stablecoins which will be under Epoxy Protocol. Become a part of our community and make stablecoins' future bright.
(https://i.imgur.com/o8UQ3F8.png)
-
Today, we want to share with you some information about us and our goals.
EpoxyDAO is a decentralized finance platform (DeFi) built on Ethereum blockchain that lets anyone issue the stablecoin eUSD by collateralizing other stablecoins and earn EPX token. It is an open-source project and a Decentralized Autonomous Organization (DAO). EpoxyDAO uses two separate blockchains to achieve its goal; one is the Ethereum blockchain and the other one is the Epoxy Stablechain.
Most of the existing stablecoins are based on the Ethereum blockchain where the transaction fees are abruptly high and not efficient for micro-transactions. With a dedicated blockchain, eUSD will perform better than any other existing stablecoin for sure because it will provide instant transactions of fiat with almost 0 fee and high TPS.
When people will see the potential of eUSD, they will consider EpoxyDAO as a vault for all other existing stablecoins and have just eUSD. And when eUSD will turn into a giant, the governance token EPX will see significant demand from the people who want to be a part of the ecosystem.
We expect to capture $5B marketcap for eUSD within ~2 years.
The main purpose here is to have one standard stablecoin for everyone instead of a hundred various stablecoins and to have one e-currency for everyday use. Don't miss a chance to become a part of the system.
(https://i.imgur.com/N2ozAeH.png)
-
We are pleased to announce that the first EpoxyDAO IEO session will be launched in the nearest future.
EPX is an ERC-20 token which will be used for the following :
♦Make votes in Epoxy Governance
♦Balancing the value of stablecoins which will be under Epoxy Protocol.
The first platform where EPX will be listed is P2PB2B exchange:
p2pb2b.io
Only EPX brings balance when there is an imbalance with stablecoins and EPX holders decide the future of EpoxyDAO.
(https://i.imgur.com/5qoNufF.png)