Duty Exchange is a new project that attracted the attention of investors. This all-in-one multi-chain cryptocurrency ecosystem offers interesting services. Furthermore, it also has its own native utility token: DUTY. The latter ranks quite high on various ICO listing platforms. The team decided to build their token on the Binance blockchain.
In addition, the company designed DUTY Exchange as a high-performance, multi-service platform. It will meet the needs of web 3.0 users. Clients will be able to hold, stake or trade tax 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 its participants, Duty Dex, yield farming and NFT market. Thanks to these features, the community and future investors will have the opportunity to earn a lot.
Additionally, Duty Exchange technology instantly locks up investors’ tokens for liquidity. Duty token LP’s price stability also reflects this feature, but it comes with the added benefit of a robust floor price. The team aims to provide a service that will alleviate some difficulties identified with existing decentralized reflection tokens.
What about the ICO sale of the DUTY token?
Duty Exchange launched its initial coin offering on November 23, 2022. The company chose Binance Blockchain to build Duty tokens due to the latter’s many advantages. BSC is eco-friendly and proof-of-stake based. Furthermore, the platform employs a secure wallet and uses a double verification technique to store all the tokens.
The team wants to incentivize investors by offering them an additional token as a reward if they stake DUTY tokens. It also plans to launch an NFT Marketplace. The latter will stand out among other similar platforms for 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. Also, Duty NFT will have a dynamic financial system. The team believes that it will revolutionize the NFT market and make it more secure.
