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Cryptocurrencies
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EXT-Token is an ERC20/ERC223 compatible token smart contract created on the Ethereum chain, supporting the financial system and ecology of the entire trading platform. ExCraft will reward the community with a certain amount of EXT tokens every day. The distribution ratio depends on the daily POE amount, and the distribution amount is distributed daily by a certain calculation method. The exchange will use no less than 80% of the transaction fee to repurchase the platform pass from the market every day. These purchased tokens will be sent to the black hole address for destruction and removed from the total supply. After deducting the operating costs of the exchange from the additional income obtained through the transaction, the remaining fees will also be used to purchase EXT tokens from the exchange and then destroyed. In this way, up to 100% of the transaction fees earned will be returned to the community via EXT tokens. Registered on the exchange and hold EXT tokens, or any private wallet address of Ethereum linked to the exchange, registered users holding EXT tokens will also get more rewards through the equity mechanism (PoS). Platform users gather their PoE into the "transaction pool". The top 101 trading pools will receive additional tokens, which will be equally distributed to trading pool members according to their PoE contribution.