OraiDEX ORAIX

1. Summary

Ranks

Liquidity

73

Developer

-

Social

21

Momentum (beta)

9

Stack Rank™

-

Price

$0.005572860000 +1.1%

Market Cap

$2.71M (#2110)

Supply

438.17M / 742.79M

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$0.03
52W High date	14th Mar 2024 (4 months ago)
All Time High (ATH) Date	7th Feb 2023 (1 year ago)
ATH Price	$0.03
% From ATH	-62.3%
All Time Low (ATL) Date	21st Nov 2022 (1 year ago)
ATL Price	$0.003006270000
% From ATL	253.76%

Supply & Trading Volume
Trading Volume (24h)	$167,677.00
Total Supply	742.79M
Max Supply	750.00M
Circulating Supply	438.17M

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Description

OraiDEX is a decentralized exchange designed to balance its inflation from rewards and utility fees. The platform's governance and utility token is called ORAIX. This token plays a crucial role in determining how fees are managed within the ecosystem.

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OraiDEX is a decentralized exchange designed to balance its inflation from rewards and utility fees. The platform's governance and utility token is called ORAIX. This token plays a crucial role in determining how fees are managed within the ecosystem.

ORAIX tokens are used for governance voting, which decides the percentage of utility fees that will be burned. This ensures that the community has a direct say in how the platform operates and maintains its economic balance. The voting process is based on the number of ORAIX tokens held, allowing token holders to influence key decisions regarding the platform's treasury and governance rewards.

The platform's approach to governance aims to strike a balance between inflation from rewards and spending from utility fees, ensuring a sustainable and transparent ecosystem for users. With the token holders driving decision-making through on-chain voting, OraiDEX ensures a decentralized and community-driven governance model.

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