FAQ
This page gets updated frequently.
EXA Finance is a Peer-to-Peer Multi-Asset Exchange for Fungible and Non-Fungible Tokens (NFTs) running on Algorand.
We chose to build on Algorand because its PPoS consensus algorithm solves in an elegant way the main drawbacks that the current blockchain space faces:
- High Decentralization ☑️
- High transaction throughput ☑️
- Low transaction fee ☑️
- Low block confirmation time ☑️
In addition to that, with a brilliant development team, we also believe that it is going to be a major player in the blockchain industry.
EXA Finance will go live on MAINNET once the exa smart contracts are audited which mainly depends on the auditing firm workload. However, we target Q1 2022.
EXA bridges aims to bring assets from other chains to EXA baskets and is scheduled for Q2 2022.
The EXA Token is most likely to get issued after the mainnet release.
We have not done our TGE (Token Generation Event) nor listed any $EXA token yet.
Our business model is simple: we take a small % fee in ALGO on each successful transaction that happens on the platform.
EXA Finance is a platform developed by the French company EXA Labs SAS registered under the number: 904520178.
The incentivized testnet will run for a month: from November 15th to December 15th.
After that, it won't be incentivized anymore but will still be live for testing new features.
Yes, anyone can participate. However, there are some requirements to be eligible that you can find here.
You must use the EXA studio to mint NFTs.
Last modified 1yr ago