Welcome to UZXKR OpenGov
UZXKR.com is a globally recognized cryptocurrency exchange driven by DAO, committed to providing a secure and stable trading environment.Through DAO, our goal is to eliminate potential risks of centralized exchanges, enhance user trust and transparency.
Claim governance tokens for free, for a limited time.
UZXKR Partial rights of UZXKR Governance Token Holders
Right to Proposals
Governance token holders will have the right to propose proposals related to the development of the exchange and the ecosystem, which may include suggestions for new features, improvements to user experience, expansion into new markets, etc.
Voting Rights
Governance token holders will have the right to participate in voting. They can vote on important matters related to the operation of the exchange and the development of its ecosystem, such as accepting or rejecting proposals, electing super representatives, etc.
VIP Trading Rights
Users who hold a certain number of governance tokens will be entitled to VIP trading rights, enjoying a range of trading benefits such as low transaction fees, high commission rewards, etc.
Profit Sharing Rights from Exchange
Governance token holders will have profit-sharing rights for the profits generated by exchange, allowing them to share the success of exchange and encouraging them to actively support its development.
The UZXKR Governance Token Roadmap
Issuing 500 million governance tokens
UZXKR DAO will issue a governance token named UZXKR with a total supply of 500 million, priced at 0.0416 USDT per token.
Allocating 140 million tokens to Genesis members
140 million UZXKR tokens will be allocated to 7 genesis members, each with no more than 20 million tokens.Locking tokens for 2 years after issuance.
Releasing 210 million tokens to super representatives
210 million UZXKR tokens will be released to 2 super representatives every three months until the release is completed.
100 million tokens as trading rewards
The total network reward is 100 million UZXKR governance tokens, released in sync with a 1% proportion of daily trading fees generated by users on the exchange. Users can instantly buy and sell the reward tokens they receive.
The exchange's operational account holds 30 million tokens.
The exchange operational fund account will hold 30 million UZXKR tokens, allocated for the early operational expenses of the exchange, including marketing activities and rewarding exceptional talent. Rewards for marketing personnel come with no lock-up requirements and can be bought or sold at any time.
The UZXKR development fund holds 20 million tokens.
The UZXKR DAO development fund will hold 20 million UZXKR tokens, dedicated to UZXKR.network's technical research and development as well as community development.
The governance token is expected to have a lock-up rate of over 95% in the first year and an estimated lock-up rate of over 90% in the second year, ensuring a steady increase in the governance token's price as the exchange develops.
UZXKR Token
The UZXKR governance token is not only the digital currency of the platform, but also the core token of governance. It will determine the development direction and future of the exchange, and is the ultimate weapon to gather global wisdom and enhance the core competitiveness of the exchange.
Security Empowerment
Smart Contracts
Members are not bound by formal contracts but are connected through common goals and network incentives.
Timelocks
Funds can be set to be untransferable before a certain point in time, providing users with additional security to respond to suspicious activities.
Multi-Sig Wallet
Users' assets will be fully locked in audited exchange smart contracts and multi-sig wallets, and exchange administrators cannot misappropriate user funds.
Voting and Election
All decisions are made by token holders
We will adopt DAO (Decentralized Autonomous Organization) as the exchange's governance mechanism. This means that all token holders will have equal power to participate in exchange’s operations and decisions, ensuring fairness, openness, and transparent governance.
Decision-making System
To effectively manage and guide exchange's operations and development, we will establish a DAO decision-making committee, consisting of 20 super representatives and 7 genesis members.
Representative Tenure
The tenure for each super representative will be set as one year. Once the tenure of a super representative ends, UZXKR token holders in community will have the opportunity to vote for new super representatives. This mechanism ensures the continuous fluidity and democracy of the decision-making committee members.
Eligibility for Candidate Selection
A candidate eligible for becoming a super representative must hold at least 5 million UZXKR tokens as collateral. This requirement aims to ensure that super representatives possess sufficient rights and share a common belief in the long-term success of the exchange.
Proposal System
We encourage DAO members to actively propose ideas related to exchange development. These proposals can cover various aspects, including but not limited to adding new features, improving user experience, expanding the market, enhancing security, etc.
Community
