TechFlow reports that the world's first DAO-governed cryptocurrency exchange has announced the launch of its platform token, UZX, along with a 1 million UZX airdrop program. The total supply of UZX is capped at 500 million tokens, which have already been deployed on the Polygon network. In the first year, 95% of the total supply will be locked. Users can register via the official website and social media channels to participate in the event and receive free airdrops. Token holders will be granted governance rights over the exchange, including but not limited to proposal voting, elections, and project dividends. Users can participate in decision-making by voicing their opinions. According to the platform's commitment, after the UZX DAO launches, 20% of the platform’s net profit each quarter will be allocated to buy back and burn UZX tokens until a total of 100 million tokens are burned.
UZX.com operates under a DAO governance model and is an emerging exchange featuring innovative functionalities such as anonymous registration, instant contracts, instant swaps, options contracts, interest-bearing deposits, and a Web3 trading system.
