DexalotALOT Price

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:

• 100% compatibility with the mature Ethereum Virtual Machine technology.
• Transactional speeds with 1-2 second finality.
• Transactional throughput that can withstand thousands of transactions per second.
• Low cost of deployment and operation.

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:

• Governance: Dexalot token is planned to be the token for governing the future of Dexalot.
• Gas: Dexalot token is planned to be the main currency for gas payments when Dexalot moves to its own subnet.
• 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.
• Incentives: Dexalot token may also be utilized in the future as an incentive to promote the platform and incentivize users to use Dexalot.