Duty Exchange is a new project that attracted investors’ attention. This all-in-one multichain cryptocurrency ecosystem offers interesting services. In addition, it also has its own native utility token – DUTY. The latter is quite high-ranking on various ICO listing platforms. The team decided to build its token on the Binance blockchain.
Moreover, the company designed DUTY Exchange as a high-performance multi-service platform. It will cater to the needs of web 3.0 users. Customers will be able to hold, stake, or trade Duty coins on the platform’s Exchange, as well as NFT Market and Crypto exchange. The team is developing an economic ecosystem that offers a liquidity pool for their stakers, Duty Dex, yield farming, and NFT marketplace. Thanks to these features, the community, and future investors will have an opportunity to gain handsomely.
Besides, Duty Exchange technology instantly locks investors’ tokens for liquidity. The Duty token LP’s price stability also mirrors this function, but it comes with the added benefit of a strong price floor. The team aims to provide a service that will alleviate some difficulties identified with the existing decentralized reflection tokens.
What about the DUTY token’s ICO sale?
Duty Exchange launched its initial coin offering on November 23, 2022. The company chose the Binance Blockchain for building Duty tokens due to the latter’s many advantages. BSC is environmentally friendly, as well as based on proof of stake. In addition, the platform employs a secure wallet and uses a double-checking technique to hold all tokens.
The team wants to incentivize investors by offering them an extra token as a reward if they stake DUTY tokens. It plans to launch an NFT Marketplace, as well. The latter will stand out among other similar platforms due to its security and low fees.
NFT holders will be able to buy and sell their non-fungible tokens, while digital creators will have a space to launch their collections. Moreover, Duty NFT will have a vibrant financial system. The team believes that it will revolutionize the NFT marketplace and make it safer.
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