Overview
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OpenWhat is EpoxyDAO
EpoxyDAO functions like a bank where you deposit your various currencies to get one standard currency and earn interest. The key difference here is, unlike other traditional banking systems, EpoxyDAO is completely decentralized and managed by people around the world who have the governance token, EPX. Right now there are a lot of stablecoins and new ones are being introduced frequently, for example USDT, BUSD, USDC, PAX, DAI and many more. Most of the time users get confused, “which one to use and which one to hold?”. Besides that, the value of stablecoins fluctuates a lot. To solve these problems and bring all stablecoins under one protocol, EpoxyDAO is introduced.
The Epoxy Protocol is a DApp (Decentralized Application) on the Ethereum blockchain. It is managed by people who have the governance token, EPX. EPX holders can vote to list new stablecoins, disable/enable any stablecoin and set a tolerance limit for the stablecoins that are being used in the system.
DetailsIEO (p2pb2b Launchpad): Oct 05, 2020 - Oct 15, 2020Token supply: 100,000,000 EPX Total tokens for sale: 14,000,000 EPX Soft cap: 200,000 USD Hard cap: 14,000,000 USD LegalBlockchain Platform: Ethereum | Token infoTicker: EPXType: Utility-token Token standard: ERC20 Token price in USD: 1 EPX = 1 USD Accepted currencies: ETH, BTC, Fiat Bonus program: 10% discount in IEO round 1 Token distribution: IEO - 14% Bounty - 1% Founders - 10% Minting - 75% |
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