Token Utility

1. DAO Ownership

NVXC token is the governance token and owns the governance right to the NovaDAO's capital. DAO owners can direct the future of NovaDAO with NVXC, and vote on key decisions such as investment allocation, buyback and more.

2. NovaX Exchange Rebate and Discount

NovaX Exchange fully support the vision of NovaDAO. Stakers of NOVA token are offered fee discount. Detailed discount information could be found at [=TODO=]

Staked NVXC (veNVXC)
Spot Trading Discount
VIP Tier

1,000

1%

N/A

5,000

3%

N/A

10,000

5%

N/A

50,000

10%

N/A

100,000

20%

VIP 1

500,000

40%

VIP 2

1,000,000

55%

VIP 3

3. Private Offerings

NovaDAO will be in touch with streams of private opportunities through the NovaX Exchange. Subjected to availability and regulatory restrictions, veNVXC holders are granted private access to these opportunities.

Minimum veNVXC for private placement access: 50,000 veNVXC

4. Yield Boost

NovaX Exchange offers competitive rate for staking your crypto assets. Stake NVXC for yield boosts on selected assets. From time to time, NovaX will provide stakers only pool to reward loyal users.

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