The Role of OXI

The native utility token, $OXI, serves multiple purposes within the Oxilo ecosystem: Governance: The $OXI token is central to Oxilo's decentralized governance system. holders can participate in governance decisions that shape the future of the platform. This includes voting on proposals for platform upgrades,introduction of new assets, fee structures, and other critical decisions that shape the platform future. Incentives: Users can earn OXI tokens by providing liquidity, participating in lending and borrowing activities, and engaging in community initiatives. This incentivization fosters active participation in the ecosystem. Fee Discounts: $OXI holders will receive discounts on transaction fees when using the platform for borrowing, lending, and trading, encouraging token adoption,long term engagement and platform loyalty. Staking & Yield Farming: $OXI holders can stake their tokens to earn rewards. Additionally, liquidity providers can participate in yield farming by staking their LP tokens, which earns them further rewards and incentivizes deeper liquidity within the ecosystem. Collateral and Usage: $OXI tokens can be used as collateral within Oxilo’s lending and borrowing system, providing additional utility beyond governance. This creates a demand for the token within the platform’s ecosystem.