Name: Dexalot
SKU: ALOT
Price: 0.512219392193 USD

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:<ul><li>100% compatibility with the mature Ethereum Virtual Machine technology.</li><li>Transactional speeds with 1-2 second finality.</li><li>Transactional throughput that can withstand thousands of transactions per second.</li><li>Low cost of deployment and operation.</li></ul>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:<ul><li>Governance: Dexalot token is planned to be the token for governing the future of Dexalot.</li><li>Gas: Dexalot token is planned to be the main currency for gas payments when Dexalot moves to its own subnet.</li><li>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.</li><li>Incentives: Dexalot token may also be utilized in the future as an incentive to promote the platform and incentivize users to use Dexalot.</li></ul>

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