- Exzo Network Protocol is a #decentralized-application platform designed to make apps usable on the web. - The network runs on a ProofofStake PoS consensus mechanism called IBFT, which aims to offer scalability and stable fees on the network so developers and users can quickly and easily conduct lowcost transactions.The Exzo Token XZO is the native utility token that is used for:Fees for processing transactions and storing data.Running validator nodes on the network via staking XZO tokens.Used for governance votes to determine how network resources are allocated.Exzo Networks tools include:EXZO SDKs which includes standard data structures and testing tools for Solidity and compatibility with the EVM.Exzo Wallet that lets application developers create streamlined user experiences.Exzo Explorer to aid with both debugging of contracts and the understanding of network performance.Exzo Command Line Tools to allow developers to deploy applications from local environments.Exzo Networks decentralized exchange #DEX .Exzo Networks #multichain NFT marketplace.How Many Exzo Tokens XZO Are There in CirculationExzo Network launched its testnet & mainnet beta on September 27, 2022 with 800 Million Exzo tokens created at genesis.Token Distribution Break Down:20% goes to the founding team members.20% goes to the treasury2% goes to philanthropy.3% goes to Airdrop rewards.5% goes to bug bounty rewards.50% goes to other endeavors such as public sale, partnerships, exchange listings, rewards, and burning events.Ecosystem Tokens:Exzo Token XZO Native blockchain token, governance and utility token.ExzoCoin 2.0 EXZO Membership token, governance and utility token.Wrapped Exzo Token WXZO Wrapped version of our native blockchain token.Exzo Stable Coin USDX An algorithmic stable coin for the Exzo Network ecosystem..
Summary of the coin Exzo
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