The Exorde protocol is managed by participants from around the world who participate in the ecosystem economically or technically.

The EXD token, based on the ERC-20 standard, is the main asset of the Exorde ecosystem. It is a service token with several functions:

1) Acts as a medium of exchange in the Exorde ecosystem to buy indexing and data analysis data or to pay for API queries.

2) Used as a reward for members of Exorde Work Systems. Each system will reward the work done by its participants according to their quality, quantity and reactivity.

3) Acts as a voting right during management events: the number of tokens a user holds determines the weight of their voting right during management polls and votes.

EXD holders control the Protocol, its parameters (reward rates, rules, reputation system parameters, etc.) and its functionality (they make decisions about updates, new features based on smart contracts, etc.).

The system is economically designed to align the economic interests of EXD owners with those of the platform to ensure its long-term stability, keep its data relevant, and guarantee maximum value creation by the ecosystem.

The EXD token will be based on a smart token binding curve contract, acting as an automated market maker, providing:

1) Reserve: the binding curve will always be fully reserved for traders to buy or sell on the curve, even immediately after the launch

2) Economic independence from secondary markets

The long-term financial sustainability of the Exorde platform will be guaranteed by two different token revenue streams:

1) Commissions for trading on the exchange: each sell order on the token binding curve will include a commission applied to the value of the transaction.

2) Data Services Marketplace: any type of data services (data analysis requests, Exorde chart research, etc.) will include fees applied to the transaction value.

These fees will be redistributed through smart contracts to fund the Exorde ecosystem. They will be split between the Developer Fund and the Rewards Pool, ensuring both the continued development of Exorde Labs and the neutrality of the Working System. The long-term economic sustainability of the Exorde platform is always ensured and scaled with the growth of its community and the size of its data-driven economy.

Links:
Website: https://exorde.network/
Twitter: https://twitter.com/ExordeLabs
Discord: https://discord.gg/ExordeLabs

The Exorde protocol is managed by participants from around the world who participate in the ecosystem economically or technically.

The EXD token, based on the ERC-20 standard, is the main asset of the Exorde ecosystem. It is a service token with several functions:

1) Acts as a medium of exchange in the Exorde ecosystem to buy indexing and data analysis data or to pay for API queries.

2) Used as a reward for members of Exorde Work Systems. Each system will reward the work done by its participants according to their quality, quantity and reactivity.

3) Acts as a voting right during management events: the number of tokens a user holds determines the weight of their voting right during management polls and votes.

EXD holders control the Protocol, its parameters (reward rates, rules, reputation system parameters, etc.) and its functionality (they make decisions about updates, new features based on smart contracts, etc.).

The system is economically designed to align the economic interests of EXD owners with those of the platform to ensure its long-term stability, keep its data relevant, and guarantee maximum value creation by the ecosystem.

The EXD token will be based on a smart token binding curve contract, acting as an automated market maker, providing:

1) Reserve: the binding curve will always be fully reserved for traders to buy or sell on the curve, even immediately after the launch

2) Economic independence from secondary markets

The long-term financial sustainability of the Exorde platform will be guaranteed by two different token revenue streams:

1) Commissions for trading on the exchange: each sell order on the token binding curve will include a commission applied to the value of the transaction.

2) Data Services Marketplace: any type of data services (data analysis requests, Exorde chart research, etc.) will include fees applied to the transaction value.

These fees will be redistributed through smart contracts to fund the Exorde ecosystem. They will be split between the Developer Fund and the Rewards Pool, ensuring both the continued development of Exorde Labs and the neutrality of the Working System. The long-term economic sustainability of the Exorde platform is always ensured and scaled with the growth of its community and the size of its data-driven economy.

Links:
Website: https://exorde.network/
Twitter: https://twitter.com/ExordeLabs
Discord: https://discord.gg/ExordeLabs