Foxswap is a professional decentralized trading platform, integrating over 10 token issuance methods and various fund supervision methods. It achieves a rapid cold start through trading mining, liquidity mining, and referral mining. Foxswap aims to build an all-in-one asset issuance, trading, and investment platform on the Ethereum network.
FOX is the native token of the Foxswap exchange, primarily utilized in the following scenarios:
1) Token Holding Rewards: Qualification for project launches, voting governance mining, referral rewards, and other benefits.
2) Project Listing: A 10% fee is charged when projects list their IDOs; 50% of this fee is used to buy back and burn FOX tokens, while the remaining 50% goes into the DAO fund for operational purposes.
3) Fee Buyback and Burn: 30% of the platforms generated fees automatically buys back and burns FOX tokens.
4) Synthetic Assets: The platform token serves as the underlying asset for synthesizing diverse investment targets, such as stablecoins, the S&P 500, gold, and commodities.